12:26
Trump nominates Bessent to be US treasury secretary
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
Donald Trump wins US presidential election
Reuters
Donald Trump has been elected US President after a closely-fought race against Kamala Harris. Trump secured more than the 270 electoral college votes needed to win the presidency, according to projections.
The 78-year-old former president will make a remarkable comeback, four years after being voted out of the White House. It makes him the first ever US candidate to be re-elected for a second term after losing an election in between.
In his victory speech, Trump labelled the moment “the golden age of America.”
“We’re going to help our country heal, we have a country that needs help, and it needs help very badly.”
Trump praised Elon Musk for contributing around $120 million to his campaign He has previously said he'll appoint the CTO of X (formerly Twitter) to head a government efficiency commission.
“A star is born: Elon!” Trump said.
Trump also emphasised what he claimed as a swift victory over ISIS:
"We defeated ISIS in record time, but we had no wars. [...] We’re going to stop wars,” he pledged.
Reaffirming a commitment from his first term, he promised to lead with the principle of "promises made, promises kept." Trump also appealed for unity:
“It’s time to put the divisions of the past four years behind us. It’s time to unite.”
“We’re going to start by putting America first. We need to put our country first for a period of time,” he added.
09:36
'Bring down the temperature,' Biden urges Americans after Trump's US election win
"A defeat does not mean we're defeated," US President Joe Biden told disappointed Democrats after Donald Trump's election win. He urged Americans to "bring down the temperature."
14:34
Mexico's Sheinbaum asks Trump for dialogue, respect for sovereignty after victory
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
13:54
Musk's ties to Trump will reverberate through Tesla, other interests
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
13:06
Under Trump, a unified Congress could push through tax and spending cuts
Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
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