On Tuesday, Republican candidate Donald Trump took an early lead in the U.S. presidential election, showing more support compared to his previous campaign in 2020. As results unfolded, nevertheless, key battleground states remained too close to call, leaving uncertainty regarding the ultimate victor.
Electoral Votes and Key States
With approximately one-third of the votes counted, Trump had secured 211 electoral college votes, outpacing his Democratic opponent, Vice President Kamala Harris, who garnered 145 votes at that point. Notably, Trump held leads in essential battleground states, such as Georgia and North Carolina.
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Conversely, Harris’s most viable path to a potential victory lay through the traditional “blue wall” states: Michigan, Pennsylvania, and Wisconsin.
Voter Support and Demographics
Emerging trends in voter support indicated Trump’s increased backing among demographics that previously leaned Democratic, particularly among Hispanic voters and lower-income households significantly affected by inflation.
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The provisional exit polls revealed that Trump attracted 45% of the Hispanic vote, an increase of 13 percentage points from the 2020 election. Despite trailing Harris, who received 53%, this shift could have meaningful implications for the final outcome.
As the race unfolds, currency and bond markets are seemingly betting on Trump’s potential return to power. However, the outcome remains contingent upon the results from seven critical swing states: Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. As these states are called, the political landscape may shift dramatically.
