As Portuguese companies must prepare for the economic impact of a possible Donald Trump victory in the US elections on November 5th. The warning comes from the former Secretary of State for Internationalization and current guest professor at the Catholic University, Bernardo Ivo Cruz, in an interview with Negócios and Antena 1.
“I hope that Europe is already preparing itself (for a Donald Trump victory)”, says Bernardo Ivo Cruz. “We are obviously not going to renege or remove one of our main partnerswithout which it is difficult to manage the world in a multilateral way and based on law, etc. But we can, as they say, hope for the best but prepare for the worst.”
The former Secretary of State emphasizes that Europe cannot wait until it knows for sure who will win to make decisions, especially because “a long process with courts, lawyers, recounts, complaints, blame and anguish” is expected until the results are made official. electoral. In this prospective plan that will have to be done at European level, he considers that “Portugal can contribute”.
Already the Portuguese companies “have to pay a lot of attention”warns the former ruler. “All companies, all organizations will have to dance to the tune that comes out of Washington. But it was good that they prepared better than we collectively prepared for Brexit“, he emphasizes.
Source: www.jornaldenegocios.pt
