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Trump Triumphs in White House Return, Harnessing Voter Frustration for Political Resurgence.Linh

November 7, 2024 by Linh

Stocks surge after Trump wins 2024 presidential election

**Trump Clinches Historic Comeback Victory, Elected 47th President of the United States**

**WASHINGTON (AP)** — In a stunning political comeback, Donald Trump was elected the 47th president of the United States, marking a dramatic reversal from his 2020 loss. His victory, secured after an intensely divisive campaign, reinforces his resilience in the face of challenges—including refusing to concede four years ago, his involvement in the Capitol insurrection, felony charges, and surviving two assassination attempts.

Trump sealed the win after clinching the pivotal state of Wisconsin, reaching the necessary 270 electoral votes. He further solidified his lead by winning Michigan and Pennsylvania—critical battleground states that had flipped to President Joe Biden in 2020 but returned to Trump’s column in this election.

Following his victory, Vice President Kamala Harris, who had taken Biden’s place as the Democratic nominee, called Trump to concede and congratulate him. President Biden also phoned Trump to offer congratulations and to initiate the transition process. Biden later reached out to Harris to acknowledge her role throughout the campaign.

Trump’s victory was quickly acknowledged internationally, with leaders such as Israeli Prime Minister Benjamin Netanyahu and French President Emmanuel Macron offering their congratulations.

The win signals the continued power of Trump’s populist, combative style. His confrontational rhetoric, often directed at Harris and painted with apocalyptic imagery of a country besieged by violent migrants, resonated with many frustrated voters. His narrative of being America’s protector, combined with strong support from white working-class men, found traction in a nation divided by cultural and economic turmoil.

“I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president,” Trump told supporters in Florida, even before the race was officially called.

Trump exceeded his 2020 performance in several key swing states, while Harris struggled to match Biden’s success in these crucial regions. With Republicans now in control of the Senate, Trump’s second term is expected to be marked by a more unified Congress, although control of the House remains unclear.

“We’ve been through so much together, and today you showed up in record numbers to deliver a victory,” Trump declared in his victory speech. “This was something special, and we’re going to pay you back.”

The market responded favorably to Trump’s win, with major indices such as Tesla, banks, and cryptocurrencies all surging. Investors expressed optimism about his return to office, anticipating a second term that will focus on reshaping the federal government and exacting retribution on those he views as his adversaries.

This election was among the most dramatic in U.S. history, marked by two assassination attempts on Trump and the sudden emergence of a new Democratic challenger. As Trump prepares to assume office on January 20, he faces substantial challenges, including deep political polarization at home and an array of global crises that threaten America’s standing abroad.

Trump’s victory over Harris—the first woman of color to head a major party ticket—also highlights his ability to defeat a female opponent for the second time in a general election. Despite an early surge of energy after Biden’s withdrawal, Harris’s campaign faltered as she struggled to connect with disillusioned voters and convince them that she offered a clear break from the policies of the outgoing administration.

Since the race was called, Harris has remained out of the public eye. She is scheduled to speak later Wednesday at Howard University, where supporters had gathered for a watch party as the results were still being tallied the night before.

 

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