If the European Union was, as Donald Trump claims, shaped “to screw the US”, no person advised its corporations. The inventory of international direct funding in America held by EU companies reached greater than $2trn in 2023, accounting for practically two-fifths of the nation’s whole, up from a 3rd a decade earlier than. That’s excess of from every other supply. European corporations make use of round 3.5m folks in America, greater than American ones do within the bloc. Germany’s car-industry affiliation says its members have 140,000 employees throughout 2,000 factories in America, producing 900,000 autos a 12 months.
