ASML's former CEO Peter Wennink sees Donald Trump’s potential reelection as an unprecedented chance for Europe. At the TNW Conference, Wennink urged European businesses to adopt collaborative strategies, akin to ASML's success with its EUV lithography machines. As the US shifts towards isolationism, he emphasizes the need for Europe to move away from complacency and foster open ecosystems among trusted partners. With growing concerns over Trump's trade wars, European investors are reevaluating their capital allocations, signaling a shift in investment strategies towards local markets.
Mr Trump could be the best thing that ever happened to Europe... I think people have woken up.
[They] are certainly thinking about single-sided dependencies as unacceptable because of the unpredictability of Mr T.
The big question they now ask me is, how much of the money should come back?
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