Trump is back, and that’s probably no longer news. The entire universe woke up that fateful morning after the U.S. election day and boom, it’s another Donald Trump reign.
What exactly does this mean for the business world, and global relations? You’ll find out.
Interestingly, the Republicans are now in charge of the senate too, so it wouldn’t require too much to get Trump’s economic ideas to become law in the United States. The only hurdle may be gaining control of the House of Reps.
In this post, the expert analyst, Kate Richardson, has put together all you need to know about Donald Trump’s triumph and how it affects both business and world relations.
America’s Presidential Election Results: A Decisive Victory for Republicans in a Deeply Divided Country
Though gained in a terribly divided nation, Trump’s win at the polls proved many points beyond reasonable doubts. First, it exposed a major loophole in the camp of the Democrats. Then it goes ahead to disprove concerns about the Republican president-elect’s moral failings (Trump is the first American President to be convicted of a felony).
The newly elected president made bold promises to upgrade lives by putting America’s economy and traditional values first. But whether or not he’ll succeed, time will tell.
Many believe that his plans for huge tariffs and mass deportations may adversely affect those who got him to the top.
But whatever the case, the fact remains that Trump will be getting into the white house come January, 2025. Incredibly, he might just be the first Republican to win the popular vote in twenty years.
The election results seemed to put the Democrats in a tough spot. With Trump’s decisive win, they’re gradually coming to terms with the reality that’s dawning. No one is left to reunite the party against the elected president, and for the most part, that means there’s no feasible plan to rebuild an anti-Trump coalition.
Besides that, the Democratic party has always relied on the votes of the black (male and female). And recently, they’ve had both Latinos and young voters join their ranks.
However, the tides suddenly turned when President Donald Trump came on board and gained massively from the three groups, according to AP VoteCast’s preliminary data.
More than ever, it’s clear that the Democratic party needs to sit back and re-strategize if they’re still interested in re-taking Washington.
Donald Trump Wins the Presidency Over a Seriously Fractured Nation
If there’s anything that stands out clearly from the 2024 US election, it is the fact that the country is deeply fractured. Now, don’t think too far. What we’re basically saying is that the election showed how divided and torn apart the nation is. This is evidenced by the sudden political shifts of candidates, primarily based on class, age, race and under the constant threat of violence and misinformation.
Early data proves that Trump may have these shifts to thank for his victory against Vice President Kamala Harris. But besides the 1968 election which tore the nation apart over the Vietnam war and racial strife, there has never been a more apparent division caused by elections.
What Trump Said After His Victory at the 2024 Presidential Election
After what former president Trump called “the greatest political movement of all time“, he proceeded to give his victory speech, expressing how he felt about the win.
As may be customary, he started off by appreciating everyone who took part in the movement. To him, there’s never been anything like that in the country, and he’s dead sure America is about to get its long-deserved healing.
Trump believes his movement can fix the borders of the U.S, and everything else. He’s also very determined to make things work a lot better. In his words, “I will not rest until we have delivered the strong, safe and prosperous America that our children deserve and that you deserve. This will truly be the golden age of America, that’s what we have to have.”
While commenting on the extent of his win, he added that, “the number of victories in the Senate was absolutely incredible and we did tele-rallies, we did tele-rallies with each one of them, and sometimes we did two or three for, and it was amazing to look at all of those victories.” No one really expected that.
Reactions of Foreign Leaders and Governments to Trump’s Comeback at the 2024 Election
With Trump set to return as the commander in chief of the world’s largest economy, leaders from around the world are reacting to the news of his victory. Even before the final votes were counted, Benjamin Netanyahu (Israeli’s prime minister) showed how enthusiastic he was by anticipating a solid recommitment to the Israel-America alliance. Others, who turn out to be some of the nation’s closest European allies, appear to be a little anxious.
After congratulating the former president Donald Trump, Ukraine’s President, Volodymyr Zelenskyy, mentioned that his country was all out to develop “mutually beneficial political and economic cooperation” that will benefit both nations.
Though Zelenskyy didn’t say a thing about Trump’s support for Ukraine or his promises to end the almost 3-year war that was triggered by Russia’s invasion in 2022, his commanders are concerned that the newly elected president might hold off every aid they got from the United States.
The likes of Viktor Orban, Vladimir Putin, Xi Jumping, Lai Ching-te, Claudia Sheinbaum, Keir Starmer, Emmanuel Macron, Mark Rutte, Mahmoud Abbas, and Giorgia Meloni (who happen to be leaders of Hungary, Russia, China, Taiwan, Mexico, U.K, France, NATO, Palestine, and Italy, respectively) also had something to say about Trump’s triumph.
What Trump’s Second Term Means for the World Economy and International Relations
Now, to the big question of what Trump’s stunning comeback would mean for the world economy and international relations.
While addressing his supporters earlier last week, the president-elect mentioned that an “unprecedented and powerful mandate” would pave the way for the American golden age. Some of the changes he promised include tax cuts, steep tariffs, deregulation, and perhaps an attempt to step back from major global agreements.
Analysts believe that it’s hard to say exactly how far Trump will go when it comes to implementing these measures, but one thing remains clear— their effects will have far-reaching consequences worldwide.
In the words of political economist, Lizzy Galbraith, “If Trump does have unified control of Congress, as is looking very likely and is what we expect to happen over the next few weeks and days, then he does have greater latitude to implement his tax-cutting agenda, his deregulatory agenda, for example, but we are also likely to see elements of his trade policy sitting alongside that.”
Besides, it’s also possible America experiences some significant changes in the areas of politics and society.
But as far as Trump’s election victory in the 2024 tussle is concerned, experts like Kate Richardson of mightytips.com believe that the return of the former casino owner to the White House will positively impact iGaming in the state. MightyTips has been following the American online gambling industry for years now and there are positive projections of significant growth despite a slightly conservative government at the center.
Remember that it was in 2018, during the first tenure of the Trump Presidency, that the Supreme Court declared the PASPA unconstitutional. Since states now have the discretion to legalize iGaming within their jurisdictions, it’s very likely that we would see an increase in positive gambling legislation.
Conclusion on Trump’s Unprecedented 2024 Campaign, Assassination Attempt, and other Election Trends
Ever since the US presidential election was concluded, the internet has been buzzing with several interesting headlines. Frankly, it’s not a surprise that everyone has something unique to say about the elections. And if we’re to name the entire episode in one word, we’ll simply call it unprecedented.
From the assassination attempt to the division of the country into several factions to the many political threats, down to Trump’s decisive win, it’s pretty obvious that America has never experienced anything like this.
Now that Donald Trump wins, we find the entire universe waiting patiently to see what happens next.