America Gets Trumpified!

The dice rolled has casted the polls and U.S has elected its 45^th President, Republican Donald Trump. He will be heading the state from 20^th January, 2017 after taking the Oath of Office and will be the commander-in-chief of the largest army on the planet. The news has come as a shock just like the Brexit.

The 19^th month old battle has come to an end and Donald Trump tastes the win, with a whopping 5,70,93,682 votes. On the other hand, Democrat Hilary Clinton could earn 5,60,88,589 hearts. Gary Johnson of Libertarian Party and Jill Stein of Green Party were able to bag 3% and 1% votes respectively. Republicans won the US Senate with a majority of 51 and the US House with a win of 235. The republicans were successful in gaining the support of the key swing states of Florida, Ohio, North Carolina and Pennsylvania. Hence, the dream of being the first-ever female president of the US died as Clinton concedes while Trump arrives to his victory party at Hilton Midtown.

Democrat supporters, especially Muslim-Americans are terrified by the win. They took to Twitter to express their dismay over the win of Donald Trump, who has repetitively said he would ban Muslims from the U.S. if elected the president. Mexico Central Bankers are heading for an emergency press conference and peso has hit the lowest.

After shattering the predictions of pollsters and financial markets, the win has left everyone in doubt of what comes next since Americans have elected a real-estate developer and a reality TV star as the US president who paved his path into US politics by questioning the 44^th president’s birthplace.

Nevertheless, Trump’s win can be owed to the performance of the Republicans and that was known by the strength of the ballots.

There has been a mix of reactions from the Americans but mostly disappointed, though the credits to them for his win.  Markets too, show disappointment facing downfalls.

Bloomberg tweeted “Europe’s shares fell by most since aftermath of Brexit vote following Trump’s win”. Japan’s Nikkei has closed down 5.3% as a wave of selling hit the Asian Stock while shares in Australia finished down to 1.92%. Meanwhile, India’s stock opened with shares down 3.7% at 4 a.m. The impact of this win could be huge than that of Brexit and it is being said, worst is yet to come. Indian PM congratulated Donald Trump, and expressed the intent of better ties between the two nations.

Yet, amid slew of controversies, Republican Donald trump has bagged the win and the world waits for the start of the work of the “great unknown”.

 -Manisha Singh
(Department of Finance Management)