How US businesses lost faith in globalisation

For the past three decades western multinationals have been outsourcing production to low-cost countries such as China. But are executives turning to localisation? The FT’s US managing editor Gillian Tett explains how automation, wage costs and political risk are driving businesses away from globalisation.

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The fall of King Dollar

2017 promised to be a strong year for the US economy, driven by the Trump trade. But things have gone off the boil and the dollar has remained weak. 

FT currencies correspondent Roger Blitz explains why that is good news for emerging markets. But there are risks on the horizon.

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