Global FDI Will Change Under Trump, Irish Investment Agency Says
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The global landscape for foreign direct investment will change once Donald Trump takes up the US presidency later today, according to the head of Ireland’s inward investment agency.
“If you take maybe a look back at the last 24 months, in particular from an FDI perspective, we’ve seen a very changing and different landscape. In the FDI world, we’ve seen protectionism,” Michael Lohan, the chief executive of IDA Ireland, told Bloomberg Radio in Davos Monday. “That is leading to a very different landscape in which FDI has been competing. I think we’re going to see a continuation of that post-inauguration later today.”