FT News Briefing Trump’s second chapter begins
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Nov 7, 2024 Joining the discussion are Lauren Fedor, FT's Deputy Washington Bureau Chief, and Sam Fleming, FT's economics editor. They unpack the implications of Donald Trump's recent election victory, including a record surge in Wall Street stocks. Fedor explores shifting voter demographics, while Fleming dives into the potential fallout of Trump's tariff policies on global trade and inflation. Together, they paint a vivid picture of a divided America bracing for a transformative economic landscape.
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Trump's Broad Appeal
- Trump improved his performance across several demographic groups, including age, race, and gender.
- His gains were particularly significant with Latino voters, marking a major shift.
Economy's Impact on Election
- The economy significantly influenced voter decisions, with many believing they were better off under Trump's previous term.
- Voters attributed their economic satisfaction or dissatisfaction to Trump and Harris, respectively.
Election Results and Implications
- While Trump won the presidency and Republicans retook the Senate, the House of Representatives remains contested, but Republicans are optimistic.
- Trump's victory in both the Electoral College and popular vote indicates a rightward shift among the electorate.