16/01/24 | 9:27 am

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Vivek Ramaswamy drops out of White House race, endorses Donald Trump

Vivek Ramaswamy, the former biotech executive and multi-millionaire, ended his White House bid on Monday, throwing his support behind Donald Trump after a notable but ultimately unsuccessful foray into the Republican Party's first nominating contest in Iowa.

Despite gaining attention for his longshot bid in the 2024 Republican race, 38-year-old Ramaswamy, born in Ohio to immigrant parents from southern India, found himself unable to break into the upper echelons of the GOP primary.

A staunch defender of Trump throughout the campaign, Ramaswamy, with his youthful demeanor, substantial resources, and assertive campaigning style, has likely cemented a place for himself in Republican politics.

However, Trump's last-minute criticism dealt a blow to Ramaswamy's aspirations, with the former president branding him a “fraud” and suggesting that supporting Ramaswamy was akin to backing the “other side.”

Preliminary results from the Iowa caucuses indicated that Ramaswamy secured fourth place, capturing around 7.7% of the votes.

Ramaswamy, a Harvard-educated figure known in right-wing circles for his 2021 bestseller “Woke, Inc.,” which critiques corporate strategies centered around social justice and climate change, earned recognition for his combative debate style and focused engagement with media, particularly social media.

Despite garnering headlines, some voters were put off by his confrontational approach, causing a decline in buzz during the autumn of the campaign.

As of the close of 2023, Ramaswamy's national polling numbers among likely Republican primary voters languished in the low single digits.

Throughout debates, his fellow Republican candidates displayed frustration with the newcomer, with former South Carolina Governor Nikki Haley expressing her exasperation in one particularly contentious exchange, saying, “Every time I hear you, I feel a little bit dumber.”

While facing criticism, Ramaswamy did attract support, particularly from libertarian circles and the tech community, including Tesla Inc. Chief Executive Elon Musk, who confirmed attending a fundraiser for him in the autumn.

Ramaswamy, who claimed to have been a libertarian during his studies, adopted some deeply conservative policy positions during the campaign. He opposed affirmative action, advocated for state-level abortion bans after six weeks, and called for a significant expansion of presidential powers, along with dismantling various federal agencies, including the FBI and the Department of Education.

Reflecting a broader isolationist trend within the Republican Party, Ramaswamy opposed NATO membership for Ukraine, proposing concessions to Russia, including allowing the retention of occupied parts of Ukraine, to end the ongoing conflict.

(With inputs from Reuters)

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