Former Stellantis CEO Warns Portugal of Diminished US Reliability, Predicts Shift Towards china
Carlos Tavares, former CEO of Stellantis, asserted that Portugal can no longer depend on the United States as a reliable partner, speaking at a conference marking the ninth anniversary of Jornal Económico held at Aese Business School in Lisbon on Tuesday. Tavares characterized the US as increasingly “transactional” despite its power.
He argued that current US policy is inadvertently accelerating a global alignment with China, perhaps leading to its future dominance. According to tavares, the US, already the “most powerful and richest” nation, is pursuing further power and wealth, driving countries away and into China’s sphere of influence. He specifically linked this shift to a potential “new world order” with Donald Trump’s return to the White House.
Tavares attributed perceived US commercial imbalances not to unfair trade practices, but to “poor productivity and worse quality in the physical goods manufacturing industry” within the US. He also criticized the US role within NATO,suggesting it primarily serves to promote US weapons exports to Europe.
the former CEO was critical of the Paris climate agreement, describing it as an example of Western decline, arguing it unfairly demanded developing nations halt their progress while the West, having “destroyed the planet” through its own development, imposed restrictions. He noted the diminishing discussion surrounding global warming in the political arena.
Tavares also expressed concern over a ”delay in political vision” within the European Union, notably regarding the lack of a unified political destiny and the resulting internal rivalries between France, Germany, and Italy.He concluded by stating the Western world must acknowledge its decline and address issues of “laziness” and “cancer bureaucracy” to remain competitive in a world of stagnant GDP growth.