FT News Briefing The uphill battle to beat Trump
Jan 17, 2024
Wage growth is slowing in major economies, raising concerns about global economic health. A federal judge blocked JetBlue's $3.8 billion acquisition of Spirit Airlines, shaking up the airline industry. The European Union's new carbon tax on imports could disrupt international trade. Meanwhile, Nikki Haley and Ron DeSantis face an uphill battle against Donald Trump's dominance in the Republican presidential race. The unpredictable dynamics of the primaries highlight the challenges of competing in a fractured landscape.
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Trump's Dominance
- Trump's landslide victory in the Iowa caucuses highlights his dominance in the Republican race.
- The large margin emphasizes his strong position as the frontrunner.
Iowa's Limited Predictiveness
- Winning Iowa doesn't guarantee the nomination or general election victory.
- Iowa's social conservatism may not reflect other states' electorates, like New Hampshire's more moderate voters.
Trump's Legal Hurdles
- Trump faces legal challenges alongside campaigning, impacting his time allocation.
- Despite this, his grip on the Republican base remains strong, posing a challenge to other candidates.