Shock and angst in Asia as Trump rises

The dollar tumbled against the yen and euro while the Mexican peso fell off a cliff as polling results in the knife-edge US presidential race pointed to a strong showing by Donald TrumpDonald Trump’s stunning performance in the US presidential election triggered shock and angst in Asia, where observers fretted over the implications for everything from trade to human rights and climate change. Although the race remained too close to call, Trump has won key states in the nail-biter against Hillary Clinton, building momentum as large numbers of American voters shrugged off concerns over the billionaire’s temperament and lack of experience. Trump’s rise has been keenly watched abroad as he campaigned on a platform of trashing trade agreements, restricting immigration, dismissing climate change, and otherwise disengaging from the rest of the world.

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