Donald Trump claimed victory and pledged to "heal" the country Wednesday as results put him on the verge of beating Kamala Harris in a stunning White House comeback.
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His exuberant speech came despite the fact that only Fox News had declared him the winner, with no other US networks having made the call so far.
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As jubilant supporters cheered and chanted "USA", Trump took to the stage at his campaign headquarters in Florida along with his wife Melania and several of his children.
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"We are going to help our country heal," the Republican former president said.
"It's a political victory that our country has never seen before."
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US networks have called the swing states of Pennsylvania, Georgia and North Carolina for the 78-year-old, and he led the Democratic vice president in the others although they have not been called yet.
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A Trump victory threatens to cause shockwaves around the world, as US allies in Europe and Asia fear a return of his nationalist policies and his praise of autocrats like Russia's Vladimir Putin.
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But the US dollar surged and bitcoin hit a record high while most equity markets advanced as traders bet on a victory for Trump as the results rolled in.