USA – Trump winning White House likely to lead to significant implications for tariffs

November 5 election results indicate that former President Donald J. Trump has been elected to serve as the 47th President of the United States. At the same time, Republicans have gained at least a 52 to 44 seat majority in the US Senate, with four races still to be decided. However, control of the House remains unclear due to many undecided races that will determine whether Democrats or Republicans will control the US House of Representatives in the next Congress.