<p>Wall Street stocks hit a record high but investors dumped bonds after Donald Trump’s historic US election victory, and the FT’s Lauren Fedor explains what to expect from his agenda. In Europe, leaders have vowed to preserve a united front and work with Trump, and export-reliant economies across the world brace for his promised tariff increases. </p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://on.ft.com/3YzQp6p" rel="noopener noreferrer" target="_blank">US stocks hit record high after Donald Trump clinches victory</a> </p><p><a href="https://on.ft.com/3CkfIC8" rel="noopener noreferrer" target="_blank">Donald Trump elected US president in historic comeback</a> </p><p><a href="https://on.ft.com/48BDjtO" rel="noopener noreferrer" target="_blank">Donald Trump unleashed: what a second term will bring</a> </p><p><a href="https://on.ft.com/4eoMr6q" rel="noopener noreferrer" target="_blank">European leaders vow to work with Donald Trump despite fears</a></p><p><a href="https://on.ft.com/3NUGCmi" rel="noopener noreferrer" target="_blank">Global economy prepares for the Trump ‘macro shock’ </a> </p><p><a href="https://on.ft.com/4fyab93" rel="noopener noreferrer" target="_blank">Trump’s tariff obsession is worse than before</a> </p><br><p>The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.</p><br><p><a href="https://www.ft.com/content/3d4a7685-2776-4146-aa39-6ea28619ab50" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>