economy
Despite Trump trade rhetoric, Asian investors keep betting on U.S.: Former House Majority Leader Eric Cantor
Cantor said that investment flows still have "so much" allocation to the U.S., because investors recognise that the country was still one with a "rule of law."
TL;DR
- Asian investors are seeking exposure to the U.S. due to its rule of law and investor protections.
- Investors find the opacity of China difficult to manage, preferring U.S. stability.
- Singapore, despite facing tariffs, maintains a strong relationship with the U.S. as its largest foreign investor.
- U.S. investment in Singapore has nearly doubled between 2018 and 2022.
- Economic security is paramount, with a focus on rebuilding domestic capacity following lessons learned during the COVID-19 pandemic.
- The U.S. is reassessing its reliance on China for critical goods.
- Eric Cantor expects Republicans to retain control of the House in the upcoming midterm elections.
- Voter turnout, especially among low-propensity voters attracted to the Republican Party, will be the deciding factor in the midterms.