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The European Invasion of the US Market

Moisés Naím, editor in chief of Foreign Policy Magazine | May 2, 2008

The US market is experiencing the unprecedented inflow of large- and medium-size European investors. ++ Because of the extremely cheap US dollar, it became affordable for many European companies to relocate their production to the much more attractive American market. ++ While there is nothing that can stop this trans-Atlantic shift, it will have an enormous impact on the structure of the American market, as well as European employment and exports. It will cause a political firestorm on both sides of the Atlantic.

 

 
Tags: | transatlantic relations | trade | US |
 
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