President Donald Trump‘s first nine months back in office have brought a flood of foreign capital into U.S. markets, but not everyone is joining the party.
According to Treasury Department data, foreign investors purchased a net $2 billion of U.S. securities in July 2025, marking the third consecutive month of net inflows. Overall, foreign investors have purchased nearly $1.7 trillion worth of stocks and bonds in the past year alone.
Year to date, net foreign purchases of American assets reached $743.2 billion, a pace far ahead of the $214.5 billion seen during the same period last year, and also well above the $555.4 billion recorded in the first seven months of 2023.
Since Trump’s election victory in November 2024, foreign net purchases of U.S. assets have totaled $1.07 trillion.
The numbers paint a picture of a robust vote of confidence from global investors—particularly in America’s deep capital markets and relative economic strength.
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