Seamus Coffey: US presidency to play only small part in influencing Irish investments

Multiple developments, such as Google competition lawsuit, could play a larger role for Irish investments than the US vote

President Donald Trump during a campaign rally at Miami-Opa-locka Executive Airport on Monday. Picture: Evan Vucci/AP

The outcome of the US election may only play a small part in influencing the future flow of investments into Ireland by American multinationals, according to one of the country's leading experts on foreign direct investment.

UCC economist Seamus Coffey has written a number of studies for the Department of Finance in recent years on the future for the huge sums the State collects in corporate tax revenues from foreign-owned firms.