U.S. executives in Davos see a Trump victory in 2024

While global business leaders gather in the snowy hills of Switzerland at Davos, their conversations are consistently circling back to Washington, D.C.

The focal point of discussions at the World Economic Forum has been Donald Trump, with many attendees contemplating the possibility of his return to the White House following his significant victory in the Iowa caucus.

During the summit, numerous business executives have observed a prevailing theme in their private conversations: U.S. industry leaders appear largely indifferent to the prospect of a second Trump term, while foreign chief executives express fear—particularly concerning potential restrictions on immigration and global conflicts.

One notable U.S. business executive, who preferred not to be identified due to the private nature of his discussions with foreign leaders, suggested that some of the apprehension may stem from a lack of understanding of the checks and balances embedded in the U.S. government.

Another U.S. bank CEO privately expressed annoyance with media exaggeration of the threat of a Trump presidency, stressing he’s “all bark and no bite,” CNBC reported.

READ MORE: https://www.cnbc.com/2024/01/18/davos-us-executives-see-a-trump-victory-in-2024.html

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