BS EDIT: Trump wins US presidential polls, returns to White House

By Business StandardPublished On Nov 7, 2024

Surprising victory

Donald Trump’s victory defied predictions, winning both Republican and key swing states, marking the first Republican popular vote win since 2004

Harris’s campaign challenges

Despite strong backing, Kamala Harris struggled as Bidenomics and limited policies weakened her appeal, while overconfidence led to campaign complacency

Trump’s effective agenda

Trump's campaign focused on immigration controls, corporate tax cuts, and protectionism, solidifying his base, especially after an attempted assassination

Economic impacts of Trump 2.0

Trump’s trade policies may return with higher tariffs, impacting global inflation. India’s pharma and IT exports face challenges amid potential US tax cuts

Geopolitical concerns

Trump’s close ties with Putin and Netanyahu may shift US stance, posing new challenges for Ukraine and Palestine due to his support for Russia and Israel

Climate change issues

Trump’s past resistance to climate action, like exiting the Paris Agreement, suggests potential rollbacks, risking global climate progress amid instability