Will European business turn away from America?

If the European Union was, as Donald Trump claims, formed “to screw the United States”, nobody told its companies. The stock of foreign direct investment in America held by EU businesses reached more than $2trn in 2023, accounting for nearly two-fifths of the country’s total, up from a third a decade before. That is far…

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An ever riskier world economy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. We are living in the early stages of a revolution — the attempted conversion of the American republic into an arbitrary dictatorship. Whether Donald Trump will succeed in this attempt is, as yet, unclear. But…

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