US Election 2024: Donald Trump elected 47th President of the United States.
Donald Trump returns to the White House as the 47th president of the United States, promising an era of peace and prosperity. His election sparks mixed reactions around the world and sends financial markets into a tailspin.
US Election 2024: Donald Trump elected 47th President of the United States.
Donald Trump has reached 276 electors, surpassing the required threshold of 270, and is set to return to the White House as the 47th president of the United States, at the age of 78. This makes him not only the oldest president to take office, but also the first president in American history with a criminal conviction. The news has been met with mixed reactions both in the United States and abroad, with financial markets and international leaders already moving in response to his election.
Victory Speech at Palm Beach: “It Will Be a Golden Age”
During his speech at the Palm Beach Convention Center, Trump claimed victory by declaring that his term would mark a “golden age” for America. The tycoon was flanked by members of his family and expressed gratitude to supporters, highlighting the success of his movement as the largest ever seen in US history. Trump promised to end ongoing conflicts, saying he would not start wars but stop them, and reiterated his commitment to border security and a safer and more prosperous America.
International reactions: Hamas, Russia, European Union
The international reaction to Trump's election has seen a variety of comments. Hamas has announced that it will judge Trump's presidency based on his actions towards the Palestinian people. In a statement, the organization called on Trump to "listen to the voices of Americans against Zionist aggression" and criticized the outgoing administration of Joe Biden for its support of Israel.
In Russia, Foreign Minister Sergei Lavrov expressed Moscow's willingness to work with the new American administration, but stressed that Russia would firmly defend its national interests and that the conditions for dialogue remained unchanged, especially in relation to the situation in Ukraine. Kremlin spokesman Dmitry Peskov also said that the United States, being directly involved in the conflict in Ukraine, could help put an end to hostilities, while specifying that changes in foreign policy would be observable only starting in January.
From the European Union, High Representative-designate Kaja Kallas declared on X (formerly Twitter) her willingness to work with Trump and his team to address global challenges, stressing that Europe and America are stronger when they work together. Hungarian Prime Minister Viktor Orban also congratulated Trump, calling his victory “the greatest comeback in the political history of the United States” and “necessary for the world”.
Impact on financial markets: dollar, bitcoin and oil
Trump's election immediately affected financial markets. The dollar reached new highs, while Bitcoin and other cryptocurrencies recorded growth. The oil market also showed signs of recovery, although the price per barrel fell. The market response reflected the expectation of investor-friendly economic policies, including a less restrictive fiscal approach and a greater emphasis on domestic energy resources.
Internal political reactions and international alliances
Inside the United States, Trump has stressed his intention to advance his agenda focused on security, the economy and immigration control. He has also alluded to a “divine mission” in reference to past assassination attempts. Political leaders such as Matteo Salvini, Italy’s deputy prime minister, have praised Trump’s comeback, praising his agenda as a victory for the values of common sense and security.
In Europe, Trump's figure finds support in countries like Hungary, where Prime Minister Orban is among his main supporters. His election could, however, open up new challenges for international balances, in particular for relations with NATO and for the American role in international conflicts.
The election of Donald Trump marks a historic event in American politics, representing the return of a controversial and polarizing leader to lead the country. His promises to restore peace and prosperity, to stop wars and to strengthen national security have resonated with his supporters. However, international reactions highlight the tensions and expectations that his presidency will bring to the global stage.
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