Markets expect his policy package to harm trade and growth but reduce business taxesDollar soars as markets bet that Trump has won electionBusiness live – latest updatesUS election 2024 – live news updatesHigher share prices. A stronger dollar. A less rapid pace of interest rate cuts. The financial market reaction to Donald Trump’s likely return to the White House was swift and predictable.The man who looks almost certain to become his country’s 47th president has made no secret of what he plans to do: cut taxes, impose heavy tariffs on imported goods, place curbs on migration, and slash red tape. Continue reading...