There are numerous minor parties such as the Libertarian Party and the Green Party, but none of them are particularly larger than any of the others, and none of them typically are able to compete in elections vs. the Democrats and Republicans. Especially for President and other major political offices. So none of them stand out enough to be considered a “third party”, which is a term reserved for a hypothetical party that could actually be competitive with the Democrats and Republicans. It is unlikely in the US that a third party could ever form, for a couple of reasons. First, most potential third parties would tend to siphon off large numbers of voters from either the Democrats or the Republicans, but not both, leaving either the Democrats or Republicans in a dominant position, and then the other of those two along with the new third party as second-tier parties.
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