U.S. Tax Changes Hit Global Investment Flows

Foreign investment in the U.S. declines sharply

Paul Hannon

Oct. 15, 2018 1:00 p.m. ET

Global business investment flows fell sharply in the first six months of the year, as U.S. companies repatriated profits in response to changes in the country’s tax law, a United Nations agency said Monday.

Foreign investment in the U.S. declined sharply as Congress prepared for increased vetting of foreign deals involving critical technology, the U.N. Conference on Trade and Development also reported.

UNCTAD...