Adam Posen, “How Trump Is Repelling Foreign Investment”
The president of the Peterson Institute for International Economics exposes the long-term costs of economic nationalism. In a nutshell: investments in the US are becoming less attractive relative to those in the rest of the world. This year, net inward investment into the US by multinational corporations – both foreign and American – has fallen almost to zero. This shift of corporate investment away from the US will decrease the country’s long-term income growth, reduce the number of well-paid jobs and reinforce the ongoing shift of global commerce away from the US (reads in 6-8 min).

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