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Speaker 1: In the space of twelve hours, the whole world has changed.

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Speaker 1: Not only is Trump back, baby, but he's more powerful

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Speaker 1: than ever. Republicans have flipped the Senate and they are

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Speaker 1: on track to retain the House of Representatives that gives

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Speaker 1: them enormous power to set budgets, start or stop funding wars,

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Speaker 1: and post tariffs on anyone they like. Basically and KeyWe

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Speaker 1: farmers and primary producers, our exporters, the backbone of this

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Speaker 1: trading nation, will be waking up this morning with a

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Speaker 1: pit in their stomach. America is our second largest export market,

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Speaker 1: overtook the Aussies last year. Tariffs on our meat and

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Speaker 1: dairy could be a brutal blow. Plus, our number one

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Speaker 1: trading partner in China is about to be whacked even

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Speaker 1: harder by Washington. Trump's Washington. A trade war could wipe

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Speaker 1: they reckon almost one percent of global growth in the

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Speaker 1: next year, and global growth is tipped to be just

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Speaker 1: three point five percent. That is massive and it will

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Speaker 1: send shockwaves around the world and we will feel it here.

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Speaker 1: Add to that Trump potentially pulling support for U Train's

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Speaker 1: war and his bullish comments on the Middle East, and

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Speaker 1: you've got yourself a highly unpredictable, and to use a

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Speaker 1: couple of overused terms, unprecedented and consequential set of variables.

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Speaker 1: For all the handwringing pre election that Trump was an

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Speaker 1: existential threat to democracy, that very system has elected him

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Speaker 1: the forty seventh president of the United States, serving his

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Speaker 1: last term with more power than he's ever had. This

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Speaker 1: is Trump unleashed. Buckle up, brace yourselves. Everything we knew

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Speaker 1: yesterday about the global economy and global conflicts is about

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Speaker 1: to change. For more from Early Edition with Ryan Bridge,

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Speaker 1: listen live to News Talk Set B from five am weekdays,

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Speaker 1: or follow the podcast on iHeartRadio.