Despite fears that President Donald Trump‘s aggressive tariff policy would crush the appeal of U.S. assets, foreign investors are doing the exact opposite—buying American securities at a record-setting pace and powering one of the strongest rallies in recent history.
According to May’s Treasury International Capital System (TICS) data, total net capital inflows into the U.S. reached an unprecedented $1.76 trillion over the 12 months ending in May 2025.
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