In an uncertain global business environment, foreign companies are rethinking whether – and where – to invest in the United States. As the largest and most innovative economy in the world, the US provides international investors with unparalleled access to deep capital markets, a thriving consumer base, and vibrant cities to operate from. Recent legislation, including the CHIPS Act and the Inflation Reduction Act (IRA), has further boosted opportunities for investment in semiconductors, EVs and clean energy through tax credits, subsidies, and incentives, prompting an influx of foreign investors. What is the state of play? Is the US becoming a more or less attractive destination for international investment? What policies is the US taking – or should take – to keep its position as a leader in inbound foreign investment?

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