Arab Finance: Republican candidate Donald Trump announced his victory over his Democratic rival Kamala Harris in the 2024 US presidential elections.
Trump took control of the race after being able to win the majority of the swing states. He won 6 of the 10 swing states – before his recent victory in Wisconsin – to achieve leadership in the Electoral College and the popular vote.
The Republican candidate also decided the race in five swing states: Texas (40 votes), Ohio (17 votes), Florida (30 votes), Georgia (16 votes), and North Carolina (16 votes), bringing him closer to deciding the presidential race to the House. White.
And it was ExpertsAnd strategic analysts expected that there would be disagreement American politics Towards the Middle East region, including Egypt, in the event that either the Republican or Democratic party wins, as the policy of the two parties differs towards the region, as the American candidate Donald Trump leads the Republican Party, while the candidate Kamala Harris leads the Democratic Party in this case. US elections It is scheduled for November 5th.
Experts agreed on the importance of the Egyptian and pivotal role in the Middle East region, especially in light of the current Israeli war on Gaza and Lebanon, for both the Republican and Democratic parties, expecting America to adopt violent protectionist policies, especially in the event of Trump’s victory, who will be less flexible than his counterpart Kamala Harris, pointing to the necessity of During the coming period, Egypt will move toward an economic bloc with the Gulf states.
In terms of currencies, the US dollar achieved its largest rise since March 2020, as early results of the US presidential elections showed Donald Trump’s superiority in some key states, which raised Treasury bond yields significantly amid speculation that his policies would keep US interest rates high.
The US Federal Reserve is also expected to hold interest rates due to the Republican candidate's victory due to the possibility of inflation rising again due to Trump's policies.
Related news
