When the US election result pushed shares in the artificial intelligence chip giant Nvidia to a record high and did the same to the price of bitcoin cryptocurrency, the market gave its verdict on what Trump redux means for at least parts of the technology world – a boom.
Stock in the electric vehicle (EV) company Tesla surged by nearly 15%, which must have cheered its boss, Elon Musk, whom Trump called a “super genius” on Wednesday.
But what about the people who do not own stock in Silicon Valley firms, but do use their products? Tens of millions of users of Musk’s social media platform, X, will now have to decide if they are willing to post in a place owned by a figure who looks set to be a central part of Trump’s administration.
Musk could be tasked with “making recommendations for drastic reforms” aimed at the efficiency and performance of “the entire federal government”, Trump had said. This could grant him huge power over the agencies that regulate his and other tech companies.
X had already become, according to the independent tech analyst Benedict Evans, “a coordinating site for misinformation” and many felt its amplification of false claims polluted the election. Might a Trump administration then do anything about misinformation on social media?
“He won’t,” said Evans. “He likes misinformation. There is a widespread view in tech that content moderation got out of hand and we need to pull back on this. At most you might need to think about amplification [of misinformation] but not deleting stuff.” So expect a wilder ride on social platforms, perhaps, as they pitch towards the right.
Millions of Americans could lose health insurance after Donald Trump’s victory in the US presidential election.
Subsidies that helped many pay for insurance are due to expire at the end of 2025 – and it is up to the new Congress and president whether they are extended. The subsidies were part of the 2021 American Rescue Plan, and Trump and Republicans have signaled they don’t support extending the measure, according to a report on NBC News.
“If Republicans end up winning the House, in addition to the Senate and White House, having a GOP sweep, I think the odds are less than 5% they get extended,” Chris Meekins, who was a senior HHS official in Trump’s first term, told NBC.
In 2024, more than 20 million people got health insurance through the Affordable Care Act, also known as Obamacare, official figures show.
Without the financial support, estimates show health insurance could be out of reach for nearly 4 million people. Trump’s campaign did not comment on the report.
Updated
Guardian columnist Marina Hyde has written this piece on the Democrats’ failure to learn the lessons of 2016 – and how both sides look set to forget any lessons learned from Trump 2.0:
My husband knows masses more about US politics than me, so do imagine how much he enjoyed me spending the best part of the past two years telling him “Trump’s going to win” simply because I felt it in my vibes. However, earlier this year, he started to agree with me, which I had to concede meant a lot because he was basing it on actual information, and had the first clue what he was talking about. Scrolling back through my text messages to him, I am reading things such as: “Sorry, Harris is ‘selling joy’???? Please tell me the election anywhere in history that was won on joy because I would LOVE to hear about it.” (Sidenote: I can see from reviewing the data that I’ve really over-leaned into the sassy question mark this year.)
Anyway, there’s plenty more in this vein. “I don’t believe all this polling, I just think it’s all some massive cope?” Yet when I was asked on the afternoon of election day who I predicted would win it, I promptly said “Kamala Harris?” Later that night, on the phone, my husband wondered mildly why I had abandoned the conviction of long months of kitchen rants and annoyingly punctuated text messages. “I don’t know,” I replied. “I guess I just … forgot?”
Forgetting is a very seductive thing. But then, irrational behaviour so often is. I can only say that I did want the opposite of the thing I forgot to be true.
Right now, the Democratic party should be looking back at the past few months and wondering how a lot of stuff slipped their minds. Picture their trip down memory lane. “We should definitely run a coastal elite woman against Trump and call his supporters weird. I forget how that goes for us. We should definitely go heavy on the culture war stuff. I forget how that goes for us. We should definitely present the choice as being between darkness/fear/hate and moral superiority. I forget how that goes for us. We should definitely not present the choice as being between his economic plan and our clear and better one. I forget how that goes for us.”
Madonna has expressed outrage at the re-election of Donald Trump, describing him as “a convicted felon, rapist, bigot”.
Writing on Instagram, she said: “Trying to get my head around why a convicted felon, rapist, bigot was chosen to lead our country because he’s good for the economy?” She also posted a picture of a cake with the words “Fuck Trump” etched in frosting along with the caption: “Stuffed my face with this cake last night!”
The singer has previously castigated Trump, saying at the Women’s March in Washington DC in January 2017, the day after Trump’s inauguration, that she’d thought “an awful lot about blowing up the White House”. After a backlash among Trump supporters, she said: “I do not promote violence and it’s important people hear and understand my speech in its entirety rather than one phrase.”
Billie Eilish has also expressed dismay in the wake of Trump’s election. She told a concert audience in Nashville on Wednesday: “A person who is a … let’s say convicted predator, let’s say that … someone who hates women so, so deeply is about to be the president of the United States of America.”
We’ve been reporting on the possible impact of Trump’s election victory on the war in Ukraine.
Hungary’s Viktor Orbán has suggested Trump will pull support for Kyiv, but Irish Taoiseach Simon Harris believes the US stance should have little impact on any EU decision.
He said:
The US had its election and it made its decision but that doesn’t change European values, and European values around the importance of the UN Charter, the importance of territorial integrity remain.
I think when it comes to the Middle East, I think we’re at a very very dangerous moment and I worry about this interregnum period now and how Netanyahu responds to that.
President-elect Trump is a person who professes his support for peace. I think it is so important now that the world speaks with one voice in terms of calling out the humanitarian crisis and the loss of civilian life.
I know President-elect Trump references the Abraham Accords as a moment of success in his last term in office.
Is that a pathway back towards getting partners in the region around a table to discuss regional stability, but part of that has to be the recognition that Palestine is a state in its own right?
Artists need to “keep the flag of truth flying” after Donald Trump’s election victory, the legendary Scottish actor Brian Cox has said.
Cox, who played Logan Roy in the hit HBO series Succession, also said the world has “never been in a more dangerous place than it is at the moment” as he reflected on the US election campaign and a second impending Trump presidency.
“As artists we have to bang the drum, we have to keep going,” he said in an interview with the Guardian. “We mustn’t put up with it. That’s why I admire people like Mark Ruffalo [a longtime advocate for social justice].
“I’m not going to give up on my criticism of Trump. I think it behoves artists to not give up, to keep the flag of truth flying, because it’s been so abused in recent years.”
Cox went viral on Tuesday night after making his disdain for Trump known during a virtual appearance on Channel 4 alongside the former UK prime minister Boris Johnson.
The 78-year-old, who splits his time between London and New York, said he was “acutely depressed” about the election and felt like he just had to “ride it out”.
Cox said:
There’s probably nobody more surprised than Trump himself. I think he was expecting to talk about voter fraud. But the American people have bought into him, which I find absolutely astonishing.
It’s extraordinary that he has so many Catholic voters. I’m not religious at all, but I was born a Catholic. So I know about the Catholic doctrine and Trump’s sins are unbelievable. How can they possibly rationalise their faith in relationship to him?
He added:
I’ve got two sons in America, I worry about what’s in store for them. The only person Trump cares about is himself. It’s hard to predict what he’ll be like.
The Associated Press reports that a federal judge has struck down a Biden administration policy that aimed to ease a path to citizenship for some undocumented immigrants who are married to US citizens.
The program, lauded as one of the biggest presidential actions to help immigrant families in years, allowed undocumented spouses and stepchildren of US citizens to apply for a green card without first having to leave the country.
The temporary relief from deportation brought a brief sense of security to some 500,000 immigrants estimated to benefit from the program before Texas-based US district judge put it on hold in August, days after applicants filed their paperwork.
Barker ruled that the Biden administration had overstepped its authority by implementing the program and had stretched the legal interpretation of relevant immigration law “past its breaking point”.
The short-lived Biden administration initiative known as “Keeping Families Together” would have been unlikely to remain in place after Donald Trump took office in January. But its early termination creates greater uncertainty for immigrant families as many are bracing for Trump’s return to the White House.
Demonstrators in South Korea swore off heterosexual dating in protest against misogyny. Now the movement is sparking interest among young American women.
So what exactly is the 4B movement going viral after Trump’s win?
My colleague Alaina Demopoulos has this report:
Susie Wiles profile: ‘tough, smart’ operator who led Trump back to White House
Susie Wiles, who was named Donald Trump’s new White House chief of staff, will be the first woman in US history to serve in the role as gatekeeper to the president, a position that typically wields great influence.
The chief of staff position is usually the first appointee that a president-elect names, and may oversee the transition from one administration. Once Trump is sworn in as president, Wiles will also be in charge of all White House policy, serving as a confidante and adviser and managing day-to-day affairs.
Wiles, 67, is a veteran of Florida politics. She began her career in the Washington office of New York congressman Jack Kemp in the 1970s. Following that she did stints on Ronald Reagan’s campaign and in his White House as a scheduler.
Wiles then headed to Florida, where she advised two Jacksonville mayors and worked for Congresswoman Tillie Fowler. After that came statewide campaigns in rough-and-tumble Florida politics, with Wiles being credited with helping businessman Rick Scott win the governor’s office.
After briefly managing the Utah governor Jon Huntsman’s 2012 presidential campaign, she ran Trump’s 2016 effort in Florida, when his win in the state helped him clinch the White House.
Two years later, Wiles helped get Ron DeSantis elected as Florida’s governor. But the two would develop a rift that eventually led to DeSantis to urge Trump’s 2020 campaign to cuts its ties with the strategist, when she was again running the then-president’s state campaign.
Wiles ultimately went on to lead Trump’s primary campaign against DeSantis and trounced the Florida governor. Trump campaign aides and their outside allies gleefully taunted DeSantis throughout the race – mocking his laugh, the way he ate and accusing him of wearing lifts in his boots – as well as using insider knowledge that many suspected had come from Wiles and others on Trump’s campaign staff who had also worked for DeSantis and had had bad experiences.
Wiles joined up with Trump’s third campaign and served as his “de facto chief of staff” over the last three years to lead his successful re-election bid and helped him work with lawyers on his various criminal and civil cases.
Project 2025 chief’s book urges ‘burning’ of FBI, New York Times and Boy Scouts
A new book by the chief architect of Project 2025, a hugely controversial policy plan for a second Trump term, repeatedly employs imagery of fire and burning, including calling for rightwingers to “burn away the rot” of American institutions and organizations deemed opposed to conservative aims.
The news comes after a White House address on Thursday, two days after Donald Trump beat Kamala Harris in the US presidential election, when Joe Biden called on Americans to “bring down the temperature” after months of heated political battle.
Mixing classical quotes with cliché (“it is time to fight fire with fire”) and metaphors about forest fires and Smokey Bear, Kevin Roberts, president of the far-right Heritage Foundation, advocates “a long, controlled burn” of targets including the FBI, the National Institute of Allergy and Infectious Diseases, the New York Times, “every Ivy League college” and even the Boy Scouts of America.
Meanwhile, Hungary’s prime minister believes Ukraine has already lost in its fight against Russia’s invasion and is predicting that Donald Trump’s new administration will abandon US support for Kyiv, Reuters reports.
Viktor Orbán told state radio:
If Donald Trump had won in 2020 in the United States, these two nightmarish years wouldn’t have happened, there wouldn’t have been a war. The situation on the front is obvious, there’s been a military defeat. The Americans are going to pull out of this war.
Orbán has long sought to undermine EU support for Kyiv, and routinely blocked, delayed or watered down the bloc’s efforts to provide weapons and funding and to sanction Moscow for its invasion.
Updated
Vladimir Putin is ready to discuss Ukraine with Donald Trump - but that does not mean Putin is willing to alter his demands and Russia’s goals in Ukraine remain unchanged, the Kremlin said on Friday.
On Thursday, Putin congratulated Trump on winning the election, praised him for showing courage when a gunman tried to assassinate him, and said Moscow was ready for dialogue with the Republican president-elect.
Asked about a possible phone call between Trump and Putin, Kremlin spokesman Dmitry Peskov said there was nothing concrete on it to report yet, and said it would be premature to talk of any improvement in Russia-US ties.
But Putin had made it clear many times he remained open for dialogue, he said.
Voters have elected a Republican majority in the Senate. They have also been electing members of the House of Representatives and state governors. You can see a full map of the results across the US here:
Swing state analysis: how Democratic vote stayed flat while Republican gains won it for Trump
Guardian analysis suggests Harris underperformed compared with 2020 – but in the states that mattered most it was Trump’s gains that won him the White House
Nationwide, the US election was primarily a story of Democratic underperformance rather than huge Republican gains compared to 2020 – but in the swing states that ultimately decided the victor, it was the opposite story, with Trump’s gains far outstripping Harris’s losses.
Across the US, Democrats lost more total votes overall compared with 2020 than Republicans gained: Harris attracted 1.4m fewer votes than her Democratic predecessor, Joe Biden, did, while Trump attracted 1.1m more than he did in the previous election.
The figures were calculated by looking only at counties that have 100% of their precincts reporting and at least 95% of their estimated ballots counted, and comparing the vote in those areas to 2020.
Another way of looking at the numbers is that for every 78 votes Donald Trump gained nationally compared to 2020, Kamala Harris lost 100.
But in the seven swing states – Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin – there was an inverse trend: the Democratic vote dropped very slightly but held up quite well compared to 2020, but Trump made enough gains to give him the White House. A large part of Democratic campaign spending was focused on the swing states, suggesting that this helped buoy up Democratic support – but not enough to overcome a wave of additional Trump voters.
At least 24 states also saw a larger drop in Democratic votes than any movement in Republican votes compared with 2020 (looking only at areas where counting was almost complete).
Read on here:
Updated
The UK’s deputy prime minister, meanwhile, revealed she had spoken to the vice-president elect, JD Vance, posting on X that it had been “good to speak” to the Ohio senator.
Like her colleague David Lammy, Angela Rayner has a record of making critical marks of Trump, previously calling him an “absolute buffoon” over his handling of the Covid crisis.
Good to speak to US Vice President-elect @JDVance as UK Deputy Prime Minister.
— Angela Rayner (@AngelaRayner) November 7, 2024
We spoke about our plans for the future and how, working together, we build on the special relationship between our great countries.
She had told ITV: “He has no place in the White House. He’s an embarrassment and he should be ashamed of himself, especially when thousands of Americans have died.”
After he lost the election in 2020, she said she was “so happy to see the back of Donald Trump”.
The awkward comments go both ways, however. In July, Vance said the UK would be an “Islamist country” under the new Labour government.
“I have to beat up on the UK – just one additional thing,” Vance said. “I was talking with a friend recently and we were talking about, you know, one of the big dangers in the world, of course, is nuclear proliferation, though, of course, the Biden administration doesn’t care about it.
“And I was talking about, you know, what is the first truly Islamist country that will get a nuclear weapon, and we were like, maybe it’s Iran, you know, maybe Pakistan already kind of counts, and then we sort of finally decided maybe it’s actually the UK, since Labour just took over.”
In response at the time, Rayner said Vance had said “quite a lot of fruity things in the past” and she does not “recognise” his view of the UK.
UK foreign secretary says his Trump criticism is 'old news'
The British foreign secretary, David Lammy, has described his previous remarks about the US president-elect, Donald Trump, as “deluded, dishonest, xenophobic, narcissistic” and a “neo-Nazi sympathising sociopath” as old news.
Keir Starmer’s government is making efforts to smooth over tensions with the incoming president, whose pledge to raise tariffs on imports into the US could hit the UK economy.
Appearing on BBC Newscast, Lammy was pressed on his past critical comments but dismissed them, adding it would be a “struggle to find any politician” who had not said some “pretty ripe things” about Trump.
Asked if he apologised for remarks including calling the president-elect a “neo-Nazi sympathising sociopath” or if Trump brought them up when they met in New York in September, Lammy said “not even vaguely”.
A federal judge has struck down a Biden administration policy that aimed to ease a path to citizenship for some undocumented immigrants who are married to US citizens.
The program, lauded as one of the biggest presidential actions to help immigrant families in years, allowed undocumented spouses and stepchildren of US citizens to apply for a green card without first having to leave the country.
The temporary relief from deportation brought a brief sense of security to some 500,000 immigrants estimated to benefit from the program before Texas-based U.S. District Judge J. Campbell Barker put it on hold in August, days after applicants filed their paperwork.
Barker ruled yesterday that the Biden administration had overstepped its authority by implementing the program and had stretched the legal interpretation of relevant immigration law “past its breaking point.”
The short-lived Biden administration initiative known as “Keeping Families Together” would have been unlikely to remain in place after Donald Trump took office in January. But its early termination creates greater uncertainty for immigrant families as many are bracing for Trump’s return to the White House.
CNN’s latest projection of the crucial races to gain control of the House has Republicans ahead in ten of the contests, with, according to their projections, only six victories needed to tip them over the magic 218 for control.
AP has called 410 of the 435 races, with the Republicans seven away from control of the House.
Reuters reports that speaking in Budapest, German chancellor Olaf Scholz, whose own government is in crisis, has said “We will continue to work well with the future American president” when asked about the election of Donald Trump.
Scholz added “the question of how this can be achieved has been the subject of our discussion,” referring to a meeting of senior European leaders held yesterday in Hungary.
Writing for MSNBC, political columnist Zeeshan Aleem has pinpointed what he says is the one sentence that shows how defeated Kamala Harris misread the election.
He described her telling Sunny Hostin on ABC’s The View that she wouldn’t have changed anything about the Biden administration’s policies as “an act of political malpractice.”
Harris was in a tricky position during the campaign — she was running simultaneously as incumbent and newcomer, and it’s difficult to create distance from an administration whose accomplishments one wants credit for.
But it was far from an inescapable predicament: Competent politicians often get away with talking out of both sides of their mouth.
Harris could’ve said that she took pride in working with Biden in shepherding the US out of the Covid crisis, but that she could hear the American people say that they were still hurting, and that she stood for a sharply new perspective on the economy that was laser-focused on bringing down costs.
Her limited discussion of inflation lacked a clear story or theory of society. Who was to blame for why everything became so expensive? She left hammering corporate greed on the table, and her initial broadsides against big business ebbed as she sought out the input and support of Wall Street and Silicon Valley and even chose billionaires as surrogates.
The Republicans are just a handful of calls away from gaining control of the House, but House Minority Leader Hakeem Jeffries has said he can still see a path to victory for the Democratic party.
In an interview overnight, quoted by the Hill website, Jeffries said:
We still have a clear pathway to taking back the majority. Of course that runs through Arizona and Oregon and five races that are flip opportunities in California that are too close to call and too early to call.
You can find the latest results for the US Senate, House and governor elections here …
The election of Donald Trump has far-reaching consequences for US foreign policy, including the Biden administration’s long-standing support for Ukraine. This morning, Hungary’s far-right prime minister Viktor Orbán, has said he expects US funding to end.
Reuters quotes Orbán as saying “The Americans will quit this war, first of all they will not encourage the war. Europe cannot finance this war alone.”
In this morning’s First Edition newsletter, my colleagues Archie Bland and our senior international affairs correspondent Emma Graham-Harrison discuss what Trump means for Ukraine …
Our latest episode of Politics Weekly America dropped in the last couple of hours. With Donald Trump president-elect, a 6-3 conservative majority in the US supreme court, and a majority secured in the Senate, Jonathan Freedland speaks to the Washington Post reporter Marianna Sotomayor about what happens if Democrats are not victorious in the lower chamber …
You can listen to it here: Can the Democrats salvage the House of Representatives? – podcast
China is bracing itself for four years of volatile relations with its biggest trading partner and geopolitical rival, as the dust settles on the news that Donald Trump will once again be in the White House.
On Thursday China’s president, Xi Jinping, congratulated Trump on his victory and said that the two countries must “get along with each other in the new era”, according to a Chinese government readout.
“A stable, healthy and sustainable China-US relationship is in the common interest of both countries and is in line with the expectations of the international community,” Xi said.
The Guardian’s Amy Hawkins and Helen Davidson report:
Jared Kushner, son-in-law of US president-elect Donald Trump, will not return to the White House, the Financial Times reported on Friday, but Kushner could advise on Middle East policy, the report said, citing people familiar with the matter.
Welcome and opening summary …
President-elect Donald Trump has named Susie Wiles, the manager of his victorious election campaign, as his White House chief of staff, the first woman to hold the influential role.
Wiles is widely credited within and outside Trump’s inner circle for running what was, by far, his most disciplined and well-executed campaign, and was seen as the leading contender for the position. She largely avoided the spotlight, even refusing to take the mic to speak as Trump celebrated his victory early on Wednesday morning.
Wiles’s hire is Trump’s first major decision as president-elect and one that could be a defining test of his incoming administration, as he must quickly build the team that will help run the federal government.
Meanwhile the Republicans are edging closer to a House majority, after picking up two more hard-fought seats in Pennsylvania.
Democrats won another seat in New York, defeating a third Republican incumbent in that state, and three US House seats in Nevada will remain under Democratic control after a sweeping win Thursday for the incumbents, but Republicans need just seven more seats to reach a majority of 218.
Here are the other key recent developments:
Speaking to NBC News, Donald Trump made clear that the mass deportations of undocumented immigrants that he campaigned on will be a top priority of his administration. “We obviously have to make the border strong and powerful and, and we have to – at the same time, we want people to come into our country,” Trump said, adding that, “I’m not somebody that says, ‘No, you can’t come in.’ We want people to come in”
The former CIA director and US defense secretary Leon Panetta predicted Trump will give Benjamin Netanyahu a “blank check” in the Middle East, possibly opening the way for all-out war between Israel and Iran
Joe Biden, in a speech from the White House, said he will “ensure a peaceful and orderly transition” to Donald Trump, while calling on the country to “bring down the temperature”
Biden is to focus on government funding and hurricane relief in his final weeks as president. With the clock ticking toward the end of his presidency, Joe Biden will focus on keeping the government funded and open, pass the National Defense Authorization Act (NDAA), rush assistance to communities battered by hurricanes Helene and Milton, as well as confirm judicial nominees
The Russian president, Vladimir Putin, congratulated Donald Trump on winning the US presidential election, and said he was willing to talk to him. “I would like to congratulate him on his election as president,” Putin said in Sochi, a resort on the Black Sea
Several key races remain to be called, including the presidential outcomes in swing states Arizona and Nevada (where Trump is tipped to win), Senate races in those two states plus Pennsylvania and, perhaps most importantly, control of the House
Based on analyses of election results so far, it appears that Trump won by driving out the Republican base and making gains among certain groups that typically back Democrats. But split-ticket voters stepped up for Democratic senators and a governor in swing states, reducing their losses in what was otherwise a rough election
The Federal Reserve has cut interest rates further, saying progress has been made against the wave of inflation that struck the United States during Joe Biden’s presidency, which was likely a major factor in voters choosing Donald Trump as the next president
Trump’s sentencing in his business fraud trial scheduled for later this month? Probably not happening, Politico reports
Gavin Newsom, the California governor and potential presidential candidate some day, called the legislature into a special session to prepare to fight Trump
Democrats aired grievances over Harris’s election loss, with many pointing the finger at Biden and his aborted attempt at a second term
Americans are stockpiling abortion pills as Trump’s victory seems set to put foes of the procedure into positions of power
Harris was unable to settle on an effective message against Trump, and was hobbled from the start by Biden’s low approval ratings, a New York Times postmortem of her campaign finds
