News Snapshot:
For Global companies, there is no place quite like America. As growth in China and Europe has slowed, its economy has continued expanding at a decent clip. America remains by far the world’s biggest consumer market, accounting for almost 30% of total spending, and is home to the largest stock of foreign direct investment (FDI), at around $5trn. Yet under Donald Trump doing business in America has become a trickier proposition for foreign firms. His tariffs are making it more expensive to export their wares to the country. And his erratic way of announcing and imposing them sows uncertainty. In...