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
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تازہ ترين خبريں
دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔
ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔
کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔
