Global Reaction to Trump’s Election Victory

 Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)
Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)
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Global Reaction to Trump’s Election Victory

 Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)
Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)

World leaders rushed to congratulate Republican Donald Trump on Wednesday after Fox News projected he had defeated Democratic Vice President Kamala Harris in the US presidential election, which would cap a stunning political comeback four years after he left the White House.

Here are views from financial market participants.

VOLODYMYR ZELENSKIY, PRESIDENT OF UKRAINE

"I appreciate President Trump’s commitment to the 'peace through strength' approach in global affairs. This is exactly the principle that can practically bring just peace in Ukraine closer," Zelenskiy said on X.

BENJAMIN NETANYAHU, PRIME MINISTER OF ISRAEL

"Congratulations on history's greatest comeback! Your historic return to the White House offers a new beginning for America and a powerful recommitment to the great alliance between Israel and America. This is a huge victory! In true friendship," Netanyahu wrote on X.

EMMANUEL MACRON, PRESIDENT OF FRANCE

"Congratulations, President Donald Trump. Ready to work together just as we knew how to do during four years. With your convictions and with mine. With respect and ambition. For more peace and prosperity.," Macron wrote on X.

KEIR STARMER, BRITISH PRIME MINISTER

"Congratulations President-elect Trump on your historic election victory. I look forward to working with you in the years ahead. As the closest of allies, we stand shoulder to shoulder in defense of our shared values of freedom, democracy and enterprise."

MARK RUTTE, SECRETARY-GENERAL OF NATO

"I just congratulated Donald Trump on his election as President of the United States. His leadership will again be key to keeping our Alliance strong. I look forward to working with him again to advance peace through strength through NATO", he said in a post on X.

GIORGIA MELONI, PRIME MINISTER OF ITALY

In a post on X Meloni offered her "most sincere congratulations" to Trump, and said Italy and the United States had an "unshakeable alliance". "It is a strategic bond, which I am certain we will now strengthen even further," she said.

DMITRY MEDVEDEV, FORMER RUSSIAN PRESIDENT

"Trump has one useful quality for us: as a businessman to the core, he mortally dislikes spending money on various hangers–on and stupid hanger-on allies, on bad charity projects and on voracious international organizations," Medvedev, now a senior security official, posted on his official Telegram account.

DICK SCHOOF, DUTCH PRIME MINISTER

"Congratulations to @realDonaldTrump on winning the presidential election. The United States is an important ally for the Netherlands, both bilaterally and in international contexts such as NATO. I look forward to our close cooperation on the shared interests between the USA and the Netherlands," he posted on X.

KARL NEHAMMER, AUSTRIAN CHANCELLOR

"Congratulations to @realDonaldTrump on the election victory. The United States is an important strategic partner for Austria. We look forward to further expanding and strengthening our transatlantic relations to successfully address global challenges together."

VIKTOR ORBAN, HUNGARIAN PRIME MINISTER

"The biggest comeback in US political history! Congratulations to President @realDonaldTrump on his enormous win. A much needed victory for the World!" Orban posted on X.

PETR FIALA, CZECH PRIME MINISTER

"Congratulations to Donald Trump on winning the presidential election. Our shared goal is to ensure that the relations between our countries remain at the highest level, despite changes in administration, and that we continue to develop them for the benefit of our citizens," Fiala said on X.

MARCEL CIOLAC, PRIME MINISTER OF ROMANIA

"Congratulations to President @realDonaldTrump on this historic victory! Romania stands ready to work together to enhance our Strategic Partnership. Under your new leadership we hope for peace and prosperity for all our citizens! Looking forward to a fruitful collaboration!" he posted on X.

ULF KRISTERSSON, PRIME MINISTER OF SWEDEN

"I congratulate Donald Trump on being elected the next president of the United States. I look forward to working together and continuing the excellent US-Sweden relations as friends and allies."

JONAS GAHR STOERE, PRIME MINISTER OF NORWAY

"I would like to congratulate Donald Trump on his victory in the US presidential election. The US is Norway's most important ally and we work closely together in many areas. I look forward to continuing our cooperation with the US under Mr. Trump's leadership."

METTE FREDERIKSEN, PRIME MINISTER OF DENMARK

"Congratulations to Donald Trump on the election. The United States is our most important ally. We must maintain the close cooperation between the United States and Denmark and continue to strengthen the transatlantic bond that has endured through generations."

NAYIB BUKELE, PRESIDENT OF EL SALVADOR

"Congratulations to the President-Elect of the United States of America, @realDonaldTrump. May God bless and guide you," Bukele posted on X.



Trump Victory Expected to Boost Musk's Mars Dream

US President Donald Trump and Elon Musk are seen at the Firing Room Four after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft on NASA's SpaceX Demo-2 mission to the International Space Station from NASA's Kennedy Space Center in Cape Canaveral, Florida, US, May 30, 2020. (Reuters)
US President Donald Trump and Elon Musk are seen at the Firing Room Four after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft on NASA's SpaceX Demo-2 mission to the International Space Station from NASA's Kennedy Space Center in Cape Canaveral, Florida, US, May 30, 2020. (Reuters)
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Trump Victory Expected to Boost Musk's Mars Dream

US President Donald Trump and Elon Musk are seen at the Firing Room Four after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft on NASA's SpaceX Demo-2 mission to the International Space Station from NASA's Kennedy Space Center in Cape Canaveral, Florida, US, May 30, 2020. (Reuters)
US President Donald Trump and Elon Musk are seen at the Firing Room Four after the launch of a SpaceX Falcon 9 rocket and Crew Dragon spacecraft on NASA's SpaceX Demo-2 mission to the International Space Station from NASA's Kennedy Space Center in Cape Canaveral, Florida, US, May 30, 2020. (Reuters)

Elon Musk's dream of transporting humans to Mars will become a bigger national priority under the administration of US President-elect Donald Trump, sources said, signaling big changes for NASA's moon program and a boost for Musk's SpaceX.

NASA's Artemis program, which aims to use SpaceX's Starship rocket to put humans on the moon as a proving ground for later Mars missions, is expected to focus more on the Red Planet under Trump and target uncrewed missions there this decade, according to four people familiar with Trump's burgeoning space policy agenda, according to Reuters.

Targeting Mars with spacecraft built for astronauts is not only more ambitious than focusing on the moon, but is also fraught with risk and potentially more expensive. Musk, who danced onstage at a Trump rally wearing an "Occupy Mars" T-shirt in October, spent $119 million on Trump's White House bid and has successfully elevated space policy at an unusual time in a presidential transition. In September, weeks after Musk endorsed Trump, the latter told reporters that the moon was a "launching pad" for his ultimate goal to reach Mars.

"At a minimum, we're going to get a more realistic Mars plan, you'll see Mars being set as an objective," said Doug Loverro, a space industry consultant who once led NASA's human exploration unit under Trump, who served as U.S. president from 2017 to 2021.

SpaceX, Musk and the Trump campaign did not immediately return requests for comment. A NASA spokeswoman said it "wouldn’t be appropriate to speculate on any changes with the new administration." Plans could still change, the sources added, as the Trump transition team takes shape in the coming weeks. Trump launched the Artemis program in 2019 during his first term and it was one of the few initiatives maintained under the administration of President Joe Biden. Trump space advisers want to revamp a program they will argue has languished in their absence, the sources said. Musk, who also owns electric-vehicle maker Tesla and brain-chip startup Neuralink, has made slashing government regulation and trimming down bureaucracy another core basis of his Trump support.

For space, the sources said, Musk's deregulation desires are likely to trigger changes at the Federal Aviation Administration's commercial space office, whose oversight of private rocket launches has frustrated Musk for slowing down SpaceX's Starship development.

The FAA did not immediately respond to a request for comment.

NASA under Trump, the sources said, is likely to favor fixed-price space contracts that shift greater responsibility onto private companies and scale back over-budget programs that have strained the Artemis budget.

That could spell trouble for the only rocket NASA owns, the Space Launch System rocket (SLS), whose roughly $24 billion development since 2011 has been led by Boeing and Northrop Grumman. Cancelling the program, some say, would be difficult since it would cost thousands of jobs and leave the U.S. even more dependent on SpaceX.

Boeing and Northrop did not immediately return a request for comment.

Musk, whose predictions have sometimes proven overly ambitious, said in September that SpaceX will land Starship on Mars in 2026 and a crewed mission will follow in four years' time. Trump has said at campaign rallies that he has discussed these ideas with Musk.

Many industry experts see this timeline as improbable.

"Is it possible for Elon to put a Starship on the surface of Mars in a one-way mission by the end of Trump's term? Absolutely, he certainly could do that," said Scott Pace, the top space policy official during Trump's first term.

"Is that a manned mission on Mars? No," Pace added. "You have to walk before you run."