Donald Trump’s foreign policy team will seek to ratchet up sanctions on Tehran, including vital oil exports, as soon as the president-elect re-enters the White House
https://on.ft.com/48Soa7w Source: FT
🔉 President-elect Donald Trump’s choice of Senator Marco Rubio as his secretary of State
He is arguably the world’s most important diplomat, and could change the dial when it comes to the U.S.′ relationship with both its enemies, and its allies. 🚨 Rubio, considered a foreign policy hawk, has been highly critical of China and Iran, which are considered the hashtag#us′ top economic and geopolitical adversaries. 🦅 Trump’s choice for secretary of state, Marco Rubio, was a key sponsor of 2021 Uighur Forced Labour Prevention Act, which bans the import of all goods from Xinjiang unless companies offer verifiable proof that production did not involve such a violation. 🛢️ Marco Rubio, may intensify oil sanctions on Iran & Venezuela! Analysts note potential pushback from China could soften efforts. ❓ The Florida senator has also been ambivalent about ongoing support for Ukraine, echoing Trump’s stance that the war with Russia must come to an end. 👉 Rubio’s appointment as secretary of state and Trump’s focus on Latin America signals a potential shift in U.S. foreign policy priorities. While ‘America First’ often means pulling back globally, Latin America might indeed be an exception due to historic ties and regional security concerns. Source: CNBC
Republicans officially retain control of the U.S. House, giving the GOP a Trifecta; Control of both chambers of Congress and the Presidency.
The Republicans have won control of the U.S. House of Representatives after the party took 218 seats in national elections, according to a Decision Desk HQ projection on NewsNation. Source: @america
The US election doesn't change geopolitical truths facing the EU:
(i) China and Russia are allies - China is Putin's biggest enabler; (ii) the EU depends on the US for military protection, the US does NOT in any way depend on the EU. Strategic autonomy is a dangerous illusion... Source: Robin Brooks
Trump win over Harris in one map
Source: Michel A.Arouet
When Previous Presidential Election Results Were Called
Source: DeItaone (@*Walter Bloomberg)
Goldman has some potential reaction functions:
* Trump w/ Republican Sweep = 25% probability; S&P +3% * Trump w/ Divided Government = 30% probability; S&P +1.5% " Harris w/ Democratic Sweep = 5% probability; S&P -3% * Harris w/ Divided Government = 40% probability; S&P -1.5% Source: Carl Quintanilla on X, Goldman Sachs
Trump's odds are back on the rise.
🟥 Trump • 57.7% chance 🟦 Harris • 42.3% chance Tomorrow is election day. Source: Polymarket
