Trump comes from behind to win US presidency

By Michael Hernandez

WASHINGTON (AA) – President-elect Donald Trump has lived up to his boisterous campaign rhetoric, pulling off a come from behind win early Wednesday morning.

After securing Pennsylvania and Alaska earlier in the day, Trump was all but assured the presidency, which he did shortly after by claiming Wisconsin.

Trump is expected to soon address supporters at his New York campaign headquarters.

But so far the U.S. dollar has not reacted favorably.

The dollar fell 0.75 percent against the British pound to 0.79 as of 0615GMT.

The greenback lost 1.75 percent against the euro to 0.89, 0.3 percent against the Chinese yuan to 6.76, and 2.8 percent against the Japanese yen to 102.4.

A Trump presidency is perceived to create more uncertainty for world markets, compared to Clinton, according to analysts.

And that uncertainty seeps through to Trump’s potential foreign policy as well.

“In addition to being very sort of, I guess the word would be ‘carnivalesque’,” said Anthony DiMaggio, a professor of political science at Lehigh University, “I don’t know how much we can take seriously of what he’s saying and how much we can’t. There’s no way to know. We just have to wait and see what happens.

“With regard U.S. involvement this really does tear down most of the things that the Obama administration has been doing,” DiMaggio said, point to the administration’s efforts on climate change and Iran.

On Russia, however, the chances for direct confrontation are far diminished than compared to a Clinton presidency, he added.