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Foreign investment in U.S. dropping dramatically under Trump
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| Contributor | RP |
| Last Edited | RP Aug 01, 2018 10:08am |
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| Category | Report |
| Author | Rachel Layne |
| News Date | Wednesday, August 1, 2018 09:45:00 AM UTC0:0 |
| Description | President Donald Trump's upending of global trade deals since taking office last year has produced at least one major shift in the world's trade winds: Net foreign direct investment in the U.S. -- or total investments through acquisitions and direct stakes in real estate like production facilities and research centers -- has slid every quarter since Mr. Trump was elected in 2016.
The plunge in foreign investment may be hastening a transition to a "post-American world economy," Adam Posen, president of the Peterson International Institute, argued last week in article in Foreign Affairs magazine that tracked the investment drop. "It's a world in which the U.S. is less of a safe haven [for foreign capital]," he said. |
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