The possible election of Donald Trump to the U.S. presidency and rising commodity prices are the factors most feared by Italian businesses in 2024, according to the survey of entrepreneurs attending the Ambrosetti workshop in Cernobbio. Specifically, for 40.9% of participants, a second term in office for Trump could have a negative impact on their business, compared with 16.9% who believe his election could affect it positively. Among the factors that could negatively impact business in 2024, the business community ranks rising commodity, energy and logistics prices (24.9%), high interest rates (17.8%), tensions in the Red Sea and the Middle East conflict (11.8%) and the outcome of the U.S. elections (11.2%). Tied for fifth place with 7.7% are the protracted Russian-Ukrainian conflict and cyber threats and the distorted use of Artificial Intelligence. Both in sixth place with 6.5% are the dynamics of climate change and the outcome of the European elections. Bringing up the rear is China's economic slowdown, which participants believe will have less negative impact on business.
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