Business leaders across Europe are pessimistic about their prospects as the Trump administration deregulates businesses in the U.S.
Europe has hemorrhaged investment & human capital for 20+ years to California, Beijing & Dubai as the ease of doing business plummeted. An increasingly attractive U.S does no favors for the stagnant & rapidly aging continent.
The confluence of deregulation, tariffs, merit-based immigration, & incentives for starting businesses in the US is likely to yield tremendous dividends.
Sources & Excerpts
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Businesses Expect More Pain for Europe From Trump’s Deregulation
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"A report by BusinessEurope found that 85.7% of their member federations see the US administration’s agenda having negative effects on investments in Europe, with none viewing the moves as boding well for the continent.
“The climate for investment in the EU has worsened essentially because of the increase in the regulatory burden that we have all observed in the past few years,” said Lucio Vinhas de Souza, the chief economist at BusinessEurope. “The position of the European Union in terms of foreign direct investment has worsened abysmally in the past seven years."