Donald Trump has achieved a significant political comeback by defeating Kamala Harris in the presidential election, raising questions about the future of America’s democracy and international alliances, while global markets react to concerns over tariffs.

The United States presidential election has concluded with a close contest between Harris and Trump, and both candidates are expressing confidence in a favourable outcome as the world keenly observes the unfolding results.

Kamala Harris is gaining support following a favourable poll in a traditionally Republican state, while Donald Trump is focusing on garnering votes from Puerto Rican communities amid contentious remarks from his supporter.

China’s enhanced tax scrutiny, focusing on corporate self-inspections and targeting affluent individuals, is raising concerns about investor confidence amid a declining property market and reduced government revenue.