New York City lost its "sovereignty" on Election Day, according to President Donald Trump , who spoke about how Miami and South Florida now provide a "refuge" for those escaping socialism and communism.

"If you want to see what congressional Democrats wish to do to America, just look at the result of yesterday's election in New York, where their party installed a communist as the mayor of the largest city in the nation," Trump said Wednesday at the America Business Forum at Miami’s Kaseya Center.

"The Democrats are so extreme that Miami will soon be the refuge for those fleeing communism in New York City," the president continued.

The Fox News Decision Desk announced late Tuesday night that 34-year-old Democratic Socialist Zohran Mamdani is New York City’s new mayor-elect. The state a

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