Donald Trump Wins 2024 Presidential Election, Recaptures Arizona and Key Battleground States Amid IRS Funding Cuts and Taiwan Defense Payments

Nov 10, 2024, 01:23 PM

Donald Trump has secured a significant victory in the 2024 presidential election, notably winning Arizona and other key battleground states. This victory marks a return to form for Trump, as he recaptured a GOP stronghold that he had lost in the 2020 election. The results indicate a nationwide trend of traditionally Democratic cities shifting toward Trump, with New York City being highlighted as an extreme example. Trump's election raises concerns for the Internal Revenue Service (IRS), as his administration is expected to cut funding and enforcement efforts. Additionally, Trump's stance on foreign policy has caused unease, particularly his suggestion that Taiwan should pay for its defense from the United States. His presidency is also anticipated to favor the oil industry, although experts caution that his push for lower prices may conflict with the interests of petroleum companies.