Trump hails ‘magnificent victory’ as projected winner of 2024 US election

Trump hails ‘magnificent victory’ as projected winner of 2024 US election

6 Nov    Finance News, News

Donald Trump is set to return to the White House as America’s 47th president after securing a projected 266 electoral votes, narrowly edging out his Democratic opponent, Kamala Harris.

Trump celebrated what he called a “magnificent victory,” calling it the start of a “golden age of America.”

In a defining moment of the election, Pennsylvania, a key battleground state with 19 electoral votes, was projected in Trump’s favour. This victory, along with wins in other swing states like North Carolina and Georgia, has placed him within striking distance of the 270 electoral votes needed to win. Trump is also leading in several remaining swing states, including Michigan, Wisconsin, Arizona, and Nevada.

This marks a significant comeback for Trump, the first former president to return to office despite facing multiple legal challenges over the past four years. His legal troubles, including civil cases for sexual assault and business fraud, have loomed over his campaign but appear to have had limited impact on his support base.

Voters appeared to favour Trump’s positions on key issues like the economy and immigration, with polls showing his strong lead in these areas. His America First platform resonated particularly with rural and working-class voters, allowing him to overcome Harris’s support in urban centres. Harris’s campaign focus on reproductive healthcare may not have resonated broadly enough, with critics suggesting she could have addressed economic concerns more prominently.

In a further setback for Democrats, Republicans are projected to gain control of the Senate, winning key seats in West Virginia, Ohio, and possibly Montana, which would give Trump significant legislative support in his new term.

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The Democratic Party is expected to enter a period of reflection, with scrutiny on President Biden’s decision to step aside relatively late in the process, potentially limiting the party’s chances to field a candidate more competitive than Harris. Analysts are also likely to review Harris’s campaign strategy and her choice of Tim Walz as running mate, which some have suggested may not have strengthened her appeal.

Looking ahead, Trump’s agenda includes strict immigration policies, potential tariffs on foreign imports, and his pledge to quickly end the conflict in Ukraine—a stance that has raised concerns among his critics, who worry about the impact on global alliances and stability. With his projected return to the Oval Office, the next four years are likely to be as contentious and closely watched as his first term.


Paul Jones

Harvard alumni and former New York Times journalist. Editor of Business Matters for over 15 years, the UKs largest business magazine. I am also head of Capital Business Media’s automotive division working for clients such as Red Bull Racing, Honda, Aston Martin and Infiniti.

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