According to the Wisdom Financial APP, Republican candidate Trump is back in the White House, and business leaders around the world are facing a new reality: he promises to increase America's protectionism, raise tariffs, and tighten immigration policies.

For months, CEOs have been carefully avoiding questions about potential future changes. Now they are beginning to confront the new order at board meetings and earnings conference calls, while investors are trying to digest the impact of Trump's victory in these meetings.

During the quarterly performance conference call of Norwegian chemicals storage and transportation company Odfjell SE, an analyst asked about the impact of Trump becoming the next U.S. president: 'What does this mean for your market?' CEO Harald Fotland warned, 'We will see more protectionism, which could be a problem for American exports.'

Fotland said that Odfjell's activities in the United States may slightly decrease. He also expects that Trump will repeal parts of the 'Inflation Reduction Act,' including incentives to attract significant green energy investments to the United States. 'This is certainly not good for the planet, but it may be good for Europe, as this law has been challenging for Europe.'

Shinji Aoyama, Executive Vice President of Japanese automaker Honda Motor (HMC.US), is also considering tariff issues. As advocated by Trump, imposing new taxes on cars imported from Mexico to the United States 'will have a significant impact,' Aoyama said at the earnings conference. 'We have to consider this issue.'

Honda's stock price fell in Tokyo on Wednesday, while Tesla, led by Trump's main supporter Elon Musk, soared in pre-market trading in the United States.

In Germany, due to concerns that Trump will raise tariffs on cars imported from the region, BMW and Porsche are leading the decline among a group of auto manufacturers. Moritz Schularick, Director of the Kiel Institute for The World Economy, said this election marks the beginning of 'the most difficult economic moment in Germany's post-war history.'

Some executives tried to adopt a diplomatic tone when asked how the election of President Trump would affect the Swiss-Belgian chocolate manufacturer Barry Callebaut AG. The company's CEO Peter Feld stated that, regardless of who is in charge, the company will continue to serve its American customers, and the change in leadership will not alter any of our business.

Jeremy Townsend, Chief Financial Officer of Marks & Spencer Group, stated during Wednesday's earnings call that the UK retailer had 'hedged very well' against the election of President Trump.

Executives at Siemens Healthineers AG, a German medical imaging equipment manufacturer, outlined a similar approach. The company's medical imaging devices are widely used in American hospitals.

CEO Bernd Montag said the company is in a very favorable position regarding the US-China trade tariffs issue, as they have essentially established dual factories. They can deliver to China from China, as well as deliver to the US and Europe from the US.

Montag noted that the number of employees the company currently employs in the United States is the same as those employed in Germany, 'so from a trade flow perspective, sometimes we are much more balanced than people think.'