Page 3 - Us Presidential Election

US investment plan is unchanged after election results, says Taiwan's TSMC

TSMC, the world's largest contract chipmaker and a major supplier to companies including Apple and Nvidia , is investing $65 billion in new factories in the US state of Arizona

India see an opportunity: EAM on supply chain reordering post US results

Jaishankar identified 4 to 5 important consequences of US-India relationship following US results, including the reordering of supply chains, geopolitical hedging, digitisation and talent mobility

Trudeau revives Cabinet-level panel to address concerns of Trump presidency

Canadian Prime Minister Justin Trudeau said Thursday he is re-establishing a special Cabinet committee on Canada-US relations to address his administration's concerns about another Donald Trump presidency. Deputy Prime Minister Chrystia Freeland, who is also the country's finance minister, will chair the committee, which also will include other top officials including ministers of foreign affairs, public safety and industry. Following the election of President Donald Trump for a second term, the Cabinet Committee will focus on critical Canada-US issues, Trudeau's office said in a statement Thursday. Canada is one of the most trade-dependent countries in the world, and 75 per cent of Canada's exports go to the US. During Trump's first time, his move to renegotiate the North American Free Trade Agreement, or NAFTA, and reports that he was considering a 25 per cent tariff on the auto sector were considered an existential threat in Canada at the time. Trudeau called Trump on Wednesday

Jerome Powell signals readiness to defy Trump in Federal Reserve's defence

The comments, just two days after Trump's re-election, portend the power struggle that may lie ahead between the central bank and a president who insists he should have a say on interest-rate policy

US President-elect Trump names Susie Wiles as first woman Chief of Staff

Her appointment was confirmed by US Vice President-elect JD Vance who said that Wiles would serve as the first-ever female Chief of Staff in the history of the US

America of your dreams calling: Biden tells Democratic supporters

Outgoing US President Joe Biden on Thursday vowed to ensure a peaceful and orderly transfer of power to President-elect Donald Trump in January and said the electoral drubbing did not mean the Democrats' movement was defeated. Biden made the comments during an address to the nation a day after Trump, 78, was re-elected as the 47th president of the US after defeating Vice President Kamala Harris, the Democratic Party's nominee. Trump, who lost the 2020 elections to President Biden, pulled off an incredible comeback, wresting 295 electoral college votes against Harris' 226 in a fierce contest that almost left the Americans with two world views. Yesterday, I spoke with President-elect Trump to congratulate him on his victory. I assured him that I would direct my entire administration to work with his team to ensure a peaceful and orderly transition," Biden said in his address from the Rose Garden of the White House. "That's what the American people deserve, he added. The US President

California Guv calls session to protect liberal policies from Trump admin

California's Democratic Gov. Gavin Newsom, a fierce critic of former President Donald Trump, on Thursday called for lawmakers to convene a special session later this year to safeguard the state's progressive policies on climate change, reproductive rights and immigration ahead of another Trump presidency. The move a day after the former president resoundingly defeated Vice President Kamala Harris in the presidential race effectively reignited California's resistance campaign against conservative policies that state Democratic leaders started during the first Trump administration. The freedoms we hold dear in California are under attack and we won't sit idle, Newsom, who reportedly has ambitions on the national stage, said in a statement. California has faced this challenge before, and we know how to respond. We are prepared to fight in the courts, and we will do everything necessary to ensure Californians have the support and resources they need to thrive. Newsom and lawmakers sa

On Jan 20, we will have peaceful transfer of power, says US Prez Biden

The remarks by Biden came as he addressed the country to discuss the election results and the transition

US elections 2024 highlights: In a democracy will of the people always prevails, says Biden

US elections 2024 updates: Catch all the LIVE updates here as Donald Trump is all set to comeback as the 47th US President

How a French trader predicted Trump's victory by asking about the neighbour

Believing traditional polling methods to be biased and outdated, a trader known as 'Trump whale' made $50 million by betting on Donald Trump's victory using the 'neighbour effect'

Trump wins: From CIA to immigration, roles Ramaswamy, Kash Patel may clinch

With Donald Trump winning the 2024 US presidential election after beating Kamala Harris, Americans of Indian descent like Vivek Ramaswamy, Kash Patel, and Bobby Jindal could clinch top US govt roles

PM Modi, US President-elect Trump commit to boosting ties on call: MEA

Prime Minister Narendra Modi and US President-elect Donald Trump have "reaffirmed their commitment" to working together to further strengthen bilateral ties across a range of sectors, the MEA said on Thursday. In a statement on the phone conversation Modi had with Trump a day ago, the Ministry of External Affairs (MEA) said the prime minister highlighted that the US leader's "spectacular and resounding victory" in the election reflected the "deep trust" of the American people in his leadership and vision. Modi warmly congratulated him on his "re-election as the president of the United States of America as well as Republican Party's success in the Congressional elections", it said. "They reaffirmed their commitment to working together to further strengthen bilateral ties across technology, defence, energy, space and several other sectors," the statement said. PM Modi had on Wednesday night posted on X that he had a "great conversation" with his "friend" Trump. The MEA, in its ...

Joe Biden gets blamed by Harris allies for vice president's resounding loss

Joe Biden gets blamed by Harris allies for vice president's resounding loss

US Fed set to cut interest rates again as post-election uncertainty grows

Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump's presidential election victory. Yet the Fed's future moves are now more uncertain in the aftermath of the election, given that Trump's economic proposals have been widely flagged as potentially inflationary. His election has also raised the specter of meddling by the White House in the Fed's policy decisions, with Trump having proclaimed that as president he should have a voice in the central bank's interest rate decisions. The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White House, Trump publicly attacked Chair Jerome Powell after the Fed raised rates to fight inflation, and he may do so again. The economy is al

Donald Trump's second term: Who's likely to fill top administration roles?

As Trump readies for his second term, loyalists and key allies are in line for top administration roles, with contenders emerging for treasury, defence, and national security posts

Here's what Trump's victory means for Ukraine, Middle East, and China

On the war in Ukraine, Trump is likely to try to force Kyiv and Moscow into at least a ceasefire along the current front lines

Indians highlight Usha Vance's south Asian roots after Harris loses polls

Usha Chilukuri Vance is the wife of JD Vance, running mate of Donald Trump, who won a second term in Tuesday's US presidential election

Trump's win in US elections wreaks havoc on global rate-cut expectations

The election tremors were felt in Europe, too - particularly in the east, which fears reduced US support for Ukraine as it tries to fend of Russian forces

Xi congratulates Trump; says China, US must find ways to manage differences

Chinese President Xi Jinping on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the US to find the right way to manage the differences by strengthening dialogue and communication. Trump won the US presidential election for a second term on Wednesday in one of the most remarkable comebacks in American electoral history. Xi, in his congratulatory message to Trump, called for the two countries to strengthen dialogue and communication, properly manage differences and expand mutually beneficial cooperation, official media reports here said. I urge China and the US to expand mutually beneficial cooperation," Xi said. I call for the right way for China, and the US to get along in the new era, he said, adding that both the countries, the top two economies of the world, should strengthen dialogue and communication. As the results of the US presidential elections poured in on Wednesday pointing to a sweeping victory for Trump, who pursued

Donald Trump has vowed to shake some of democracy's pillars in US

American presidential elections are a moment when the nation holds up a mirror to look at itself. They are a reflection of values and dreams, of grievances and scores to be settled. The results say much about a country's character, future and core beliefs. On Tuesday, America looked into that mirror and more voters saw former president Donald Trump, delivering him a far-reaching victory in the most contested states. He won for many reasons. One of them was that a formidable number of Americans, from different angles, said the state of democracy was a prime concern. The candidate they chose had campaigned through a lens of darkness, calling the country garbage and his opponent stupid, a communist and the b-word. The mirror reflected not only a restive nation's discontent but childless cat ladies, false stories of pets devoured by Haitian immigrant neighbours, a sustained emphasis on calling things weird, and a sudden bout of Democratic joy" now crushed. The campaign will be remembe