Trump calls midterm defeat a 'giant step backwards' for America

Donald Trump commented on the US midterm election results, calling the outcome a "giant step backwards in history" for the country in a Truth Social post. Trump also claimed the stock market, which he described as a "rocket" during his presidency, lost $3 trillion in a single day following the election results. He wrote that America took a huge step back, but assured supporters they would return "bigger and stronger than ever." The former president's remarks came as Republicans faced losses in the midterms, with his statement reflecting on the market's decline and his promise of a political comeback. The post was reported by NewsIT.