Before we look ahead to what a Trump 2.0 administration might entail, a quick look back at an extraordinary election cycle: a last-minute candidate switch of Harris over President Joe Biden, two assassination attempts against Trump, and unprecedented external forces at play, including billions of dollars poured into campaigns and rampant misinformation across social media platforms.
Trump won because he built up support among Hispanic voters, young people and Americans without college degrees, drawing more votes in nearly all of the country as he reclaimed the presidency.
Harris ultimately failed to overcome deep-seated voter concerns about her economic platform, high prices and immigration. Falsehoods and conspiracy theories played a role, too. After her loss, anger and soul-searching took hold of the Democratic Party, some of which was aimed at Biden.
That brings us to today. Trump's Republicans look set to win control of the Senate and possibly the House of Representatives, giving them an opportunity to ram through a broad agenda of tax and spending cuts, energy deregulation and border security controls.
The tax proposals Trump made on the campaign trail include cutting taxes on tips and overtime and corporate tax rates for U.S. manufacturers and could add $7.5 trillion to the nation's debt over the next decade, analysts estimate.
Trump also threatened to impose 60% tariffs on American imports of Chinese goods, which poses major growth risks for the Asian power that is the world's second-largest economy.
The president-elect's circle at or near the White House has also started to take shape - he has promised roles in his administration to Tesla CEO Elon Musk, the world's richest man and a prominent Trump donor, and former presidential candidate Robert F. Kennedy Jr.
Also, the criminal cases brought against him will essentially halt due to a long-standing policy that forbids prosecuting a sitting president, a source told Reuters. Top contenders for his cabinet have also started to emerge, including hedge fund investor Scott Bessent and billionaire hedge fund manager John Paulson
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