Manhattan billionaire Donald Trump was elected as the 45th US President.
Republican Donald Trump has stunned the world by defeating Hillary Clinton in the race for the White House, ending eight years of Democratic rule and sending the United States on a new path.
He has pledged to act quickly to repeal Obama’s landmark health care law, revoke the nuclear agreement with Iran and rewrite important trade deals with other countries, particularly Mexico and Canada.
Global stock markets and U.S. stock futures plunged deeply, reflecting investor alarm over what a Trump presidency might mean for the economy and trade.
Trump will take office with Congress expected to be fully under Republican control. GOP Senate candidates fended off Democratic challengers in key states and appeared poised to maintain the majority. Republicans also maintained their grip on the House.
Senate control means Trump will have great leeway in appointing Supreme Court justices, which could mean a major change to the right that would last for decades.
Trump upended years of political convention on his way to the White House, leveling harshly personal insults on his rivals, deeming Mexican immigrants rapists and murderers, and vowing to temporarily suspend Muslim immigration to the U.S.
He never released his tax returns, breaking with decades of campaign tradition, and eschewed the kind of robust data and field efforts that helped Obama win two terms in the White House, relying instead on his large, free-wheeling rallies to energize supporters.
His campaign was frequently in chaos, and he cycled through three campaign managers this year.
