123 – Adam Posen on Trade, Inflation Targeting, and Central Bank Independence
Macro Musings with David Beckworth
00:00
Impact of Trump's Trade Policies on Foreign Direct Investment
The chapter explores how Trump's trade policies have led to a significant decrease in foreign direct investment in the US post-2016, affecting economic growth and international institutions. It discusses the reasons why the US may not be as appealing for companies to do business and how individual companies are reconsidering their investment decisions in light of the current trade war environment. The conversation emphasizes the potential long-term negative impact of decreasing foreign investment on economic growth, job creation, and tech innovation in the US.
Transcript
Play full episode
