Friday, December 07, 2018
The amount of offshore cash U.S. corporations have returned home so far this year is just a fraction of what President Donald Trump had promised. A Morgan Stanley report released Thursday estimates companies brought back from $50 billion to $100 billion in the third quarter -- which would bring the total repatriated back to the U.S. to as little as $514 billion, based on previously released figures for the first and second quarters from the Commerce Department. Advertisement
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