Biden set to address nation after Trump's decisive U.S. election win
Adds source saying Dimon not planning to join Trump administration in paragraph 14
Biden to address nation after Harris' election defeat to Trump
Harris promises to aid Trump's transition but not embrace his vision
Trump's victory driven by discontent over economy, inflation and border security concerns
Trump will start selecting his leadership team in coming days and weeks
By Nandita Bose, Joseph Ax and Steve Holland
WASHINGTON, Nov 7 (Reuters) -U.S. President Joe Biden was set to address the nation on Thursday after a stinging election defeat for his Democratic Party at the hands of Republican Donald Trump, whose stunning political comeback has reverberated around the world.
Biden, who was replaced in July as the Democrats' candidate in the race by Vice President Kamala Harris because of concerns about his mental acuity after a stumbling debate with Trump, will speak at 11:00 a.m. (1600 GMT), the White House said.
Harris sought on Wednesday to console the voters who had hoped she would become the first woman to win the White House. She, like Biden, has promised to aid Trump's transition between now and his inauguration on Jan. 20 but said she was not prepared to embrace his vision for the country.
Trump's campaign said Biden had invited him to a meeting at the White House at an unspecified time.
Former President Trump's victory, surprisingly decisive after opinion polls that had showed a neck-and-neck contest ahead of Tuesday's election, underscored how disenchanted Americans had become with the economy - in particular the effect of inflation on their standard of living - border security and the direction of the country and its culture.
Hispanics, traditionally Democratic voters, and lower-income households hit hardest by inflation helped fuel the victory. Harris' campaign had sought to press the message that Trump was unfit to serve again as president, as a convicted felon and one whose false claims of voting fraud after his 2020 election defeat spurred a mob to storm the U.S. Capitol.
This time, Trump prevailed in five of the seven battleground states to push him past the 270 Electoral College votes needed to win the presidency and was leading in the remaining two, Arizona and Nevada, where votes were still being tallied.
He was also on track to become the first Republican presidential candidate to win the popular vote since George W. Bush two decades ago.
Republicans wrested control of the U.S. Senate from Democrats, ensuring Trump will control at least one chamber of Congress next year. It is not clear if they will retain their majority in the U.S. House of Representatives, with dozens of races not yet called.
U.S. stocks rallied to close at record highs on Wednesday after Trump's victory, with investors expecting lower taxes, deregulation and a U.S. president who is not shy to weigh in on everything from the stock market to the dollar, although fresh tariffs could bring challenges in the form of a higher deficit and inflation.
PERSONNEL PICKS
In the days and weeks ahead, Trump will select personnel to serve under his leadership, his campaign said on Wednesday.
Tesla CEO Elon Musk, the world's richest man and a prominent Trump donor, has been promised a role in his administration, as has former presidential candidate Robert F. Kennedy Jr.
JPMorgan Chase CEO Jamie Dimon and billionaire hedge fund manager John Paulson were seen as possible new entrants to his administration, while former Trump officials Robert O'Brien and Mike Pompeo could return to office. However, a source said on Wednesday that Dimon would remain at the bank and had no plans to join Trump's administration.
On trade, Trump is expected to revive policies he favoured during his first term, notably tariffs that he has called the "most beautiful word."
That could set him on a collision course with China, which has the world's second largest economy, sow discord with allies and roil global industries from automakers to chipmakers.
Chinese President Xi Jinping sent Trump a congratulatory message and said he hopes the two powers will coexist peacefully and achieve win-win cooperation, China's state-run Xinhua news agency reported.
Ukrainian President Volodymyr Zelenskiy was among world leaders congratulating Trump. But Trump has been critical of Biden's assistance for Ukraine in its war with Russia. He has said he could end the war in 24 hours but has not offered a detailed plan.
The White House plans to rush billions of dollars in security assistance to Ukraine before Biden leaves office in January, sources said on Wednesday, hoping to shore up the government in Kyiv before Trump takes over.
Reporting by Joseph Ax, Nandita Bose, Doina Chiacu, Gabriel Araujo, Patricia Zengerle in Washington; Andrea Shalal in Dearborn, Michigan; Gram Slattery in Pittsburgh; Jarrett Renshaw in Philadelphia; Gabriella Borter and Alexandra Ulmer in Phoenix; Helen Coster in Raleigh, North Carolina; Stephanie Kelly in Asheville, North Carolina; Steve Holland in Palm Beach, Florida; Tim Reid and Bianca Flowers in Atlanta, Writing by John Geddie, Editing by Frances Kerry and Timothy Heritage
Ähnliche Finanzinstrumente
Neueste News
Rechtlicher Hinweis: Die Unternehmen der XM Group bieten Dienstleistungen ausschließlich zur Ausführung an sowie Zugang zu unserer Online-Handelsplattform. Durch diese können Personen die verfügbaren Inhalte auf oder über die Internetseite betrachten und/oder nutzen. Eine Änderung oder Erweiterung dieser Regelung ist nicht vorgesehen und findet nicht statt. Der Zugang wird stets geregelt durch folgende Vorschriften: (i) Allgemeine Geschäftsbedingungen; (ii) Risikowarnungen und (iii) Vollständiger rechtlicher Hinweis. Die bereitgestellten Inhalte sind somit lediglich als allgemeine Informationen zu verstehen. Bitte beachten Sie, dass die Inhalte auf unserer Online-Handelsplattform keine Aufforderung und kein Angebot zum Abschluss von Transaktionen auf den Finanzmärkten darstellen. Der Handel auf Finanzmärkten birgt ein hohes Risiko für Ihr eingesetztes Kapital.
Sämtliche Materialien, die auf unserer Online-Handelsplattform veröffentlicht sind, dienen ausschließlich dem Zweck der Weiterbildung und Information. Die Materialien beinhalten keine Beratung und Empfehlung im Hinblick auf Finanzen, Anlagesteuer oder Handel und sollten nicht als eine dahingehende Beratung und Empfehlung aufgefasst werden. Zudem enthalten die Materialien keine Aufzeichnungen unserer Handelspreise sowie kein Angebot und keine Aufforderung für jegliche Transaktionen mit Finanzinstrumenten oder unverlangte Werbemaßnahmen für Sie zum Thema Finanzen. Die Materialien sollten auch nicht dahingehend aufgefasst werden.
Alle Inhalte von Dritten und die von XM bereitgestellten Inhalte sowie die auf dieser Internetseite zur Verfügung gestellten Meinungen, Nachrichten, Forschungsergebnisse, Analysen, Kurse, sonstigen Informationen oder Links zu Seiten von Dritten werden ohne Gewähr bereitgestellt. Sie sind als allgemeine Kommentare zum Marktgeschehen zu verstehen und stellen keine Anlageberatung dar. Soweit ein Inhalt als Anlageforschung aufgefasst wird, müssen Sie beachten und akzeptieren, dass der Inhalt nicht in Übereinstimmung mit gesetzlichen Bestimmungen zur Förderung der Unabhängigkeit der Anlageforschung erstellt wurde. Somit ist der Inhalt als Werbemitteilung unter Beachtung der geltenden Gesetze und Vorschriften anzusehen. Bitte stellen Sie sicher, dass Sie unseren Hinweis auf die nicht unabhängige Anlageforschung und die Risikowarnung im Hinblick auf die vorstehenden Informationen gelesen und zur Kenntnis genommen haben, die Sie hier finden.
