Finance & economics | Buttonwood

Stockmarkets do not reward firms for investing in Trump’s America

The perils of reshoring

The USA taking money from someone else.
Illustration: Satoshi Kambayashi

What do the following three companies have in common? Stellantis, owner of the Fiat, Jeep and Chrysler brands; Merck, which makes the world’s bestselling cancer drug; and Barry Callebaut, a Swiss chocolate-maker, which is particularly proud of its ruby flavour, neither sweet nor bitter.

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This article appeared in the Finance & economics section of the print edition under the headline “Reshoring ain’t reassuring”

From the April 19th 2025 edition

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