Trump will lead 'to a very different landscape' for foreign direct investment, warns IDA chief

Ireland has already begun planning for any potential onshoring of US companies, Mr Lohan said, pointing out that the state agency has tried to diversify across geographies
Trump will lead 'to a very different landscape' for foreign direct investment, warns IDA chief

Michael Lohan: 'I do believe there’s more opportunity for Ireland within the UK market, and we’re continuously working towards that'. File Picture: Maxwells Dublin

The global landscape for foreign direct investment (FDI) will change under Donald Trump as president, IDA chief Michael Lohan has said.

“If you take maybe a look back at the last 24 months, in particular from an FDI perspective, we’ve seen a very changing and different landscape. In the FDI world, we’ve seen protectionism,” he said in an interview with Bloomberg at the World Economic Forum in Davos.

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