NEWS
NEWS

Trump plans to enact decrees on his first day as president to close the border with Mexico and boost oil drilling

Updated

Trump obtained a clear mandate in these elections by winning in five of the seven swing states and awaiting the projection of the vote count results in Nevada and Arizona, where the Republican also maintains an advantage

Donald Trump and Melania Trump smile after his victory in the US elections.
Donald Trump and Melania Trump smile after his victory in the US elections.AP

Donald Trump swept yesterday against Kamala Harris in the US elections. Against all odds, the Republican achieved a significant lead over the Democrat, partly thanks to the Latino vote. Latino voters increased their support for the candidate and now president-elect Donald Trump by 13 points in these elections, reaching 45% of that electorate, surpassing the record among Republican presidential candidates set by George W. Bush in 2004.

The Democratic candidate and vice president, Kamala Harris, received 53% of the Hispanic vote in Tuesday's elections, well below the 65% for Joe Biden in the 2020 elections, 66% for Hillary Clinton in 2016, or the 71% Hispanic support for Barack Obama. Harris performed worse among Hispanic voters than Biden in all swing states, except Wisconsin.

Latinos, a very diverse group scattered throughout the country, have been essential in Trump's electoral victory. He decided to attract them by focusing on economic proposals, fighting inflation, job creation, and ensuring that the current government's immigration policy also negatively affected them.

Rutte wants to work with Trump on threats from Russia, Iran, North Korea, and China

The Secretary-General of NATO, Mark Rutte, expressed confidence on Thursday in working "collectively" with the incoming President of the United States, Donald Trump, in the face of the threat posed by the partnership of Russia with Iran, North Korea, and China against Ukraine, as reported by Efe.

"Now that North Korean soldiers are deployed in Russia, we see that North Korea, Iran, China, and, of course, Russia, are increasingly collaborating, working together against Ukraine," Rutte told the press upon his arrival at the European Political Community summit. "I look forward to sitting down with President Trump and seeing how we can collectively address this threat and keep our part of the world safe," he added.

Trump's victory would boost the US economy at the expense of the rest of the world

Mutuactivos, the asset manager of Mutua Madrileña, believes that Donald Trump's victory in the US presidential elections will likely result in more growth for the United States and less for the rest of the world, along with increased inflation and a slower pace of interest rate cuts. This was highlighted by the director of investment solutions at the asset manager, Ignacio Dolz de Espejo, in an analysis of the election results released on Thursday.

Regarding fiscal policy, according to Dolz's analysis, Trump will have a hard time implementing his program of lowering the corporate tax and income tax because it would increase the deficit, which is close to 7% of GDP, and tariffs on imports from Mexico and China would not offset that increase.

Regarding investments, Mutuactivos believes that Trump could hinder new offshore investment plans and green hydrogen plant and network projects, but not target wind or solar energy. Markets have been interpreting, since Trump took the lead over Kamala Harris in the polls, that interest rates would take longer to decrease and would do so to a lesser extent. This could also slow down the European Central Bank (ECB) in its rate-cutting path.

Lavrov states that Russia is open to dialogue with the new US Administration

The Russian Foreign Minister, Sergey Lavrov, stated on Thursday that his country is open to dialogue with the future US Administration following the victory of Republican Donald Trump in the presidential elections, as reported by Efe.

"We will see if there are proposals. I insist, it was not us who froze the relations, and it is not us who should propose their restoration," Lavrov said in statements made during his visit to Kazakhstan. Lavrov added: "But if there is a sincere initiative to sit down without unilateral demands and talk about where we are and how to move forward, we will not be the ones to object."

Meloni calls her "friend" Elon Musk and Donald Trump after the electoral victory

The Italian Prime Minister, Giorgia Meloni, announced on Thursday that she called the elected President of the US, Donald Trump, and her "friend" the owner of Tesla, SpaceX, and the social network X, Elon Musk, who supported Donald Trump in his campaign to return to the presidency of the United States.

"I am convinced that his commitment and vision can be an important asset for the United States and Italy as we work together to face the challenges of the future," Meloni said on the X social network alongside a photo of her hugging him.

In September, Musk presented Meloni with an award from the Atlantic Council think tank, and the tech entrepreneur flew to Italy twice last year to meet with the Italian leader in June and December.

"Trump's victory is terrible news for US workers and very dangerous for the EU"

The Secretary-General of CCOO, Unai Sordo, stated on Thursday that Donald Trump's victory in the US presidential elections is "terrible news" for American workers and "very dangerous" news for the European Union, as reported by Europa Press.

In statements to the press upon his arrival at a conference organized by CCOO and the SIMA Foundation on autonomous conflict resolution bodies, Sordo expressed a "very negative" view of Trump's return to the White House and warned that his tariff and trade policies could have "significant repercussions" on the Spanish economy and sectors such as automotive or agri-food.

"I think from the European perspective, it is probably difficult to understand that a character of these characteristics can govern a country like the United States, but it will be so for the second time (...) It is likely that Trump, apart from being a danger to democracy and civil rights, will take measures in terms of geostrategy and global geopolitics that will change the situation in some parts of the world. We will see in what direction," he argued.

The Vatican hopes Trump works for peace in current conflicts

The Vatican's Secretary of State, the Italian Cardinal Pietro Parolin, expressed on Thursday his hope that the new President of the United States, Donald Trump, can truly be "an element of relaxation and pacification in the current conflicts that are bleeding the world," as reported by Efe.

"He said he would end wars. Let's hope, let's hope. Of course, he doesn't even have a magic wand," said Parolin to Italian media on the sidelines of an event at the Gregorian University. He added: "To end the war, a lot of humility is needed, a lot of will, it is really necessary to pursue the general interests of humanity, more than focusing on particular interests."

When will Donald Trump take office as President of the US?

Donald Trump has won the 2024 US elections with an indisputable lead. The Republican candidate returns to the White House for the next four years, which will be his last, as US law does not allow a president to hold office for more than two terms. However, he still has several weeks ahead to officially assume the position.

The 'special relationship' between the UK and the US facing Trump's return test

Although British Prime Minister Keir Starmer was one of the first foreign leaders to congratulate Donald Trump, the Republican's return to the White House worries the UK, which maintains a historic "special relationship" with the United States, as reported by Afp.

Trump's protectionist plans, the conflict in Ukraine, or past unflattering statements made by some British Labour ministers against the former US president could create friction between the two allies. "I know the special relationship between the United States and the UK will continue to thrive," Starmer assured on Wednesday, shortly after Trump's victory speech.

However, according to Bronwen Maddox, CEO of the British non-governmental organization Chatham House, it will be a "complicated relationship." Based on his "America First" motto, the US president "will make no concessions on trade matters and there will likely be differences of opinion on Ukraine, on how to strengthen Europe's security, and perhaps on the Middle East," Maddox explains.