A return of Donald Trump to the White House in 2024 poses a “fundamental” challenge to Europe, according to the the leader of the world’s largest investment company.
BlackRock vice chairman Philipp Hildebrand issued his caution on Tuesday from the sidelines of the World Economic Forum (WEF) in Davos, Switzerland.
Breitbart reports: In doing so he added his voice to the swelling chorus from Europe that fears a Trump return to the world stage.
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The veteran Swiss banker said the re-election of the former U.S. president “would challenge Europe fundamentally” given Trump’s determination to embrace America First in matters from trade to diplomacy, NATO funding, and climate policy.
Hildebrand, a member of the firm’s Global Executive Committee, was responding to recent comments by Christine Lagarde, the head of the European Central Bank (ECB), who said Trump posed a “clear threat” to Europe because his divergent views set him apart from the European mainstream, the report sets out.
Lagarde last week warned history showed Trump’s “manner in which he carried out the first four years of his mandate… is clearly a threat.