Donald Trump’s “unpredictable” policymaking and immigration crackdown have prompted some multinational businesses to consider relocating staff from the US or diverting activity away from the world’s largest economy, according to executives and their advisers.
The chaotic rollout of new rules on visas for highly skilled workers and moves against his political opponents have reignited boardroom concerns first triggered by Trump’s on-again, off-again tariffs this year.
Business leaders also cite a lack of clarity in executive orders for increasing risks in their American operations, with some in Europe saying they have pulled back US investments.