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Others, like Embraer of Brazil have learned to exploit a local base of excellent but low-cost engineering talent. Companies like Johnson Electric, which is based in Hong Kong and has the capacity to produce three million motors a day, have strong positions in a global product niche. And Russian companies have leveraged their natural-resource wealth to set up distribution channels and make acquisitions in the West.

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View all New York Times newsletters. The new multinationals represent a far more complex phenomenon than a surge of imported products, which can be blocked or reduced by tariffs and quotas, experts say. The emerging multinationals will also be building new plants in the United States and offering services and products that are in great demand, like the I. But Mr.

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