The US share of global cross-border investment projects has soared to its highest level on record, underscoring the country’s stronger economic momentum than Europe or China as Donald Trump starts his second term in the Oval Office.
The figures for announced greenfield projects — where companies build or expand new facilities and operations in a foreign country — come as political and business leaders gather in Davos to debate how the Trump presidency might reshape the global economic order through steep tariffs and reshored production.
The proportion of new FDI projects announced in the US rose from 11.6 per cent in 2023, to 14.3 per cent in the 12 months to November 2024, according to FT analysis of data collected by fDI Markets, an FT-owned company that has tracked cross-border investments from 2003.