LIVE updates US Presidential election 2016 results: Despite differences with Trump; will ensure smooth transition of power, says Obama

LIVE updates US Presidential election 2016 results: Democratic nominee Hillary Clinton concedes, as her Republican rival Donald Trump becomes the 45th President-elect.

By: Express Web Desk | New Delhi | Updated:
US Elections, US presidential elections, 2016 US elections, who is winning the presidential election, hillary clinton, donald trump, clinton, trump, US, US elections news, world news, world news US presidential election results 2016: Donald Trump (left) and Hillary Clinton are the chief contenders for the White House

Donald Trump was elected America’s 45th president Tuesday, an astonishing victory for a celebrity businessman and political novice who capitalized on voters’ economic anxieties, took advantage of racial tensions and overcame a string of sexual assault allegations on his way to the White House. His triumph over Hillary Clinton will end eight years of Democratic dominance of the White House and threatens to undo major achievements of President Barack Obama. He’s pledged to act quickly to repeal Obama’s landmark health care law, revoke the nuclear agreement with Iran and rewrite important trade deals with other countries, particularly Mexico and Canada.

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The Republican blasted through Democrats’ longstanding firewall, carrying Pennsylvania and Wisconsin, states that hadn’t voted for a GOP presidential candidate since the 1980s. He needed to win nearly all of the competitive battleground states, and he did just that, claiming Florida, Ohio, North Carolina and others. Global stock markets and U.S. stock futures plunged deeply, reflecting investor alarm over what a Trump presidency might mean for the economy and trade.

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Republican house leader and White House speaker Paul Ryan, who hasn’t been Trump’s advocate in the days leading up to the election day, addressed the media on Wednesday to say that the party was looking forward to see the President-elect lead a “unified Republican government.”

(With inputs from AP and Reuters)

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