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cover of episode U.S. executives in Davos see a Trump victory in 2024, and no cause for concern

U.S. executives in Davos see a Trump victory in 2024, and no cause for concern

2024/1/19
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DAVOS WEF

U.S. executives in Davos see a Trump victory in 2024, and no cause for concern

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DAVOS WEF

U.S. executives in Davos see a Trump victory in 2024, and no cause for concern

KEY POINTS

Both publicly and privately, U.S. executives said at Davos they weren’t concerned if Donald Trump wins the 2024 presidential election.

Banking leaders, in particular, expressed confidence that America will be OK if Trump returns to the White House.

Several World Economic Forum attendees said non-American executives have privately expressed far more trepidation about a Trump 2024 victory than American leaders.

DAVOS, Switzerland — Global business leaders may be in the snowy hills of Switzerland, but their conversations keep returning to Washington, D.C.

The topic of Donald Trump has dominated dinners and parties at Davos, with many in attendance at the World Economic Forum mulling the former president’s potential return to the White House after his resounding Iowa caucus victory.

Several business executives have noted a theme in their private discussions during the summit: U.S. industry leaders seem overwhelmingly nonplussed with a second Trump term, while foreign chief executives are terrified — particularly of restrictions on immigration and potential global conflicts.