Trump's trade policy warnings impact foreign direct investment

[Jonathan D. Ostry] Whipsaw trade policy is hurting FDI

When US President Donald Trump warned business leaders in Davos last year that tariffs were coming, he offered a word of friendly advice: “Come make your product in America” and thereby sidestep looming import duties from the get-go. In the months that followed, Trump’s "America First" trade policy took shape. The “Liberation Day” tariffs were announced, paused, restored, found to be unconstitutional and then replaced by duties enacted under different legislation. The upshot was a combination of

By The Korea Herald