Corporate Response Tracker
Who is investing in the US, and who is pulling back?
The tracker follows the companies of the STOXX Europe 600 as they invest in the United States or pull back from it, starting from the US tariff announcement of April 2025. Every entry links to its public source.
What the tracker covers
Companies
Companies in the STOXX Europe 600 index, across its sectors.
Starting point
Corporate decisions since the US tariff announcement of April 2025.
Direction
Each move classified as investing in the United States or withdrawing from it.
Evidence
Structured AI analysis of public disclosures, with a source link for every entry.
The live tracker
Browse the moves, company by company
Choose a time frame, then open any action to see the public source behind it.
How to read it. Results come from structured AI analysis of thousands of public sources. Signals can be mixed, and announced investments do not always go ahead, so read the tracker as direction of travel and check the linked source before relying on a single entry.
How it works
From public disclosure to a sourced entry
01
Screen
Public disclosures and reporting on STOXX Europe 600 companies are screened for moves that change their footprint in the United States.
02
Classify
Structured AI analysis records each move as investing or withdrawing, with sector, target region and scale where the company has disclosed them. Details that are not disclosed are left blank.
03
Source
Every entry links to the public source it rests on, so you can check the original before relying on it.
Why April 2025
The broad US tariffs announced on 2 April 2025 made clear that Washington wants foreign companies to produce and invest more in the United States. Not every move in the tracker is a direct response to the tariffs. Taken together, the entries indicate whether Europe's largest companies are aligning with that push or reducing their US footprint.
Read ESF's view on the April 2025 tariffsFrom signal to decision
What the moves mean for your organisation
The tracker shows what Europe's largest companies are announcing. ESF puts those moves in the context of your sector, your supply base and your market access. The tracker also powers Continuous Monitoring, our service that alerts you when risk shifts at a dependency already mapped for you.
Benchmark your peers
See how comparable companies in your sector are repositioning, based on what they have announced rather than on commentary.
Test a US decision
Set a planned investment, sourcing change or market entry against what peers have announced.
Brief your board on evidence
Bring sourced entries to the boardroom when transatlantic exposure is on the agenda.
Access
Browse the open snapshot. Go deeper with full access.
Open snapshot
Open to everyone on this page
- Recent moves, company by company
- Time-frame selector and sector summary
- A source link for every entry
Full access
For the companies and sectors you follow
- Sector exports
- Historical trends since April 2025
- Email alerts when new entries appear
Dr. Christian Fjäder
Head of Research
Dr. Fjäder leads the Corporate Response Tracker. Get in touch to discuss full access for your organisation.
Common questions
About the tracker
Short answers, with sources, on the ESF Questions page.
See all questions- What is the Corporate Response Tracker?
- How does the Corporate Response Tracker work and what data does it use?
- How do I get full access to the Corporate Response Tracker?
- What does geoeconomic risk mean for European companies investing in the United States?
- How should companies respond to tariffs and trade barriers?
- How did the April 2025 US tariffs change strategic capitalism?