Ms Carroll, 79, had claimed that the former US president raped her in a department store changing room in Manhattan in 1995 or 1996.
She said he defamed her by claiming she made up the story and was seeking compensation and punitive damages.
Trump, who did not attend the trial, has insisted he never sexually assaulted Ms Carroll or even knew her. He has called the verdict a “disgrace” on his Truth Social platform.
Trump said: “I have absolutely no idea who this woman is. This verdict is a disgrace – a continuation of the greatest witch hunt of all time.”
‘We are very happy’
The former US president, campaigning to retake the White House in 2024, will appeal, his spokesman Steven Cheung said. Trump will not have to pay so long as the case is on appeal.
Because this was a civil case, Trump faces no criminal consequences.
Former Trump aide Sean Spicer has said the charge of rape would have “stung a lot” for Donald Trump.
He said to “keep in mind this is a civil proceeding not a criminal proceeding”, but added: “It’s never a good thing to have a verdict against you… especially of this nature.”
Mr Spicer said the “optics do matter in politics, but I think if you were president Trump right now… the charge of rape would have stung a lot”.
Ms Carroll was spotted leaving the courthouse smiling and getting into a car. She and her lawyer Roberta Kaplan did not stop to speak outside court, but Ms Kaplan said “we are very happy”.
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1:08
Former aide says the charge would have ‘stung a lot’ for Trump
‘Inconsistent verdict’, Trump’s lawyer says
Speaking outside the court, Trump’s lawyer Joe Tacopina said it was an “inconsistent verdict” but added that he was happy Trump “was not branded a rapist”.
He said: “For me it’s about the results. While it was strange, part of me was obviously very happy that Donald Trump was not branded a rapist I didn’t think there should be any liability findings so we’ll pursue that.”
Mr Tacopina described it as a “circus atmosphere” and added that having Trump there “would be more of a circus”.
During the trial, Ms Carroll testified and told jurors Trump “shattered” her reputation.
Her defamation claim concerns an October 2022 post on Truth Social in which he called her allegations a “complete con job” and “a hoax and a lie.”
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1:01
Moment Trump confuses rape accuser with ex-wife
In closing remarks on Monday, Ms Carroll’s lawyers said Trump “didn’t even bother to show up in person” to the trial and called him a “witness against himself”.
Trump’s lawyers previously said Ms Carroll has “abused the system” for “money, status and political reasons”. The former president waived his right to testify at trial and opted not to present a defence.
Ms Carroll first made her accusations in a 2019 memoir.
She testified that she had a chance encounter with Trump at the Bergdorf Goodman store across the street from Trump Tower.
She said it was a light-hearted interaction in which they teased each other about trying on a piece of lingerie before Trump became violent inside a dressing room.
Elon Musk’s SpaceX has successfully performed another launch of its Starship rocket in front of President-elect Donald Trump, but the test flight did not go perfectly.
The 400ft (122m) high rocket system, designed to land astronauts on the moon and ferry crews to Mars, lifted off from Boca Chica, Texas.
The first stage, called Super Heavy, unexpectedly made a splashdown in the Gulf of Mexico instead of attempting to return to its launchpad, indicating something went wrong.
Mr Trump’s appearance signals a deepening alliance with Mr Musk, who stands to benefit from his recent election victory.
The billionaire entrepreneur is expected to secure favourable government treatment, not only for SpaceX but also Tesla, and help his companies.
Mr Trump has also appointed Mr Musk as co-leader of a new government efficiency project.
After separating from the Starship second stage, the booster returned to Boca Chica in Texas, where it was supposed to be grabbed and clamped in place using what the company describes as “chopsticks”.
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Arguably, they look more like massive pincers mounted on a huge steel tower.
Elon Musk will be very disappointed by the failure to catch the booster with Donald Trump watching on.
This was their moment to show their prowess in efficiency, reusability, the “fail-fast efficiency” that Donald Trump really wants his presidency to embody.
Donald Trump isn’t somebody who wants to be associated with things that don’t look brilliant or work amazingly.
Instead, Trump wanted to be associated with Musk’s glory and that hasn’t happened.
This was a flight test with a political moment tagged on to it and I think it will have been not the outcome that any party wanted to see.
Step towards moon trip
It was the sixth test for the world’s biggest and most powerful rocket that SpaceX and NASA hope to use to get astronauts back on the moon and eventually Mars.
Among the objectives for the test were igniting one of the engines in space and thermal protection experiments aboard the spacecraft.
SpaceX wants to eventually return and reuse the entire Starship, as full-scale recycling would drive down the cost of hauling cargo and people into space.
NASA is paying SpaceX more than $4bn (£3.1bn) to land astronauts on the moon via Starship on back-to-back missions later this decade.
As the two most powerful countries in the world, the relationship between the United States and China is the most consequential of all bilateral ties.
Any change in interactions and behaviour by either side does not just impact security, economic activity and trade in Washington and Beijing, but also affects the rest of the planet.
President Xi Jinping chose to make this point publicly as he said hello – and presumably goodbye – to Joe Biden when the two men met on the sidelines of an economic forum in Peru in what was likely their last face-to-face sit down before the US leader hands the keys to the White House over to Donald Trump.
“As two major countries, China and the United States should bear in mind the interest of the whole world and inject more certainty and positive energy into the turbulent world,” Mr Xi said, speaking through a translator.
“It is my consistent belief that as the world’s most important bilateral relationship, a stable China-US relationship is critical not only to the interests of the Chinese and American peoples but also to the future and destiny of the entire humanity.”
Mr Biden, whose relationship with his opposite number does not just span his four years as president but also when he previously served as vice president under Barack Obama, also focused on the importance of dialogue.
“We haven’t always agreed, but our conversations have always been candid and always been frank,” he said, sitting at a long table, surrounded by aides, with Mr Xi opposite him.
“I think that’s vital. These conversations prevent miscalculations, and they ensure the competition between our two countries will not veer into conflict. Be competition, not conflict.”
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While clearly directed at him, it is doubtful that Mr Trump will heed the advice.
He has consistently criticised the Biden administration for being too soft on Beijing and has vowed to be much tougher – even saying he would impose 60% tariffs on Chinese imports.
The president-elect’s picks for top jobs in the White House, such as with China hawks Senator Marco Rubio as his desired secretary of state, and Representative Mike Walz as national security adviser, also point to a hardening in the US’ position on Beijing – which is on a trajectory to overtake Washington as the world’s number one superpower.
This moment of re-ordering in global dominance – something the UK was once forced to absorb when the sun set on the British Empire – is on course to happen regardless of who is in the White House.
But a more hostile and combative commander-in-chief in the White House makes it an increasingly perilous time for everyone.
It is perhaps why the current leaders in Beijing and Washington are so keen to stress that while their feelings towards one another go up and down, the ability to keep talking is critical.
Joe Biden has met with Xi Jinping for the last time as US president, where the Chinese leader said he is “ready to work” with Donald Trump.
Speaking at the Asia-Pacific Economic Cooperation forum in Lima, Peru, Mr Biden said the US and China’s relationship should be about “competition, not conflict”.
“We haven’t always agreed, but our conversations have always been candid and always been frank,” he said.
“We’ve never kidded one another. These conversations prevent miscalculations, and they ensure the competition between our two countries will not veer into conflict.
“We’ve been level with one another. I think that’s vital.”
But despite Mr Trump’s proposed measures, Mr Xi said his country’s goal “of a stable, healthy and sustainable China-US relationship remains unchanged”.
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“Our commitment to mutual respect, peaceful coexistence and… cooperation as principles for handling China-US relations remains unchanged,” he added.
The Chinese president then said the country is “ready to work with the new US administration to maintain communication, expand cooperation and manage differences, so as to strive for a steady transition”.
Neither Mr Xi nor Mr Biden responded to a question about whether there were concerns about Mr Trump’s proposed tariffs.
The president-elect has also named several China hawks to his transition team, such as Senator Marco Rubio as secretary of state and Representative Mike Waltz as national security adviser.