US Election Debate: Harris and Trump slam each other on economic policies

Source Fxstreet

The first US presidential debate between former President Donald Trump and Democratic nominee Kamala Harris in Pennsylvania is underway and has failed to trigger any significant market reaction so far. The debate is conducted and televised by ABC News.

The debate began with the critical question about the economy, inflation and economic policies. Donald Trump said, "we have a terrible economy. We have inflation that is probably the worst in the history. This has been a disaster for people.”

Harris slammed Trump by responding, "Trump left us the worst employment since the great depression. He left us the worst attack on democracy since civil war. The former president intends to implement the detailed and dangerous plan called Project 2025.”

"I have nothing do with Project 2025. Everybody knows I'm an open book and what I'm gonna do," rebuttals Donald Trump.

Donald Trump attacked Kamala Harris and the Biden administration over illegal migration into the US. Trump said: "She is destroying this country. We will become Venezuela on steroids if she becomes president.”

On Middle East conflict between Gaza and Hamas, Trump said the conflict would have "never started" if he were still president. "I will get that settled and fast," he says, adding that the Russia-Ukraine war will also end when he is re-elected.

Harris responded, "This war must end.” "It must end immediately,” she added. Harris goes on to call for a ceasefire, and eventually, a two-state solution to "rebuild Gaza".

Kamala Harris and Donald Trump appear to be neck-and-neck, with the latest polls showing Trump leading Harris 48% to 47% nationally.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?As of the European session on August 7, gold prices ( XAUUSD) extended their recent strong performance, rising over 1% intraday to briefly cross the $4,300 mark. With a cumulative gain of
Author  TradingKey
8 hours ago
As of the European session on August 7, gold prices ( XAUUSD) extended their recent strong performance, rising over 1% intraday to briefly cross the $4,300 mark. With a cumulative gain of
placeholder
NFP or Iran: Which factor will break the US Dollar Index out of its consolidation?The US Dollar Index (DXY) trades around 99.95 at the time of writing on Friday, virtually unchanged on the day, as investors refrain from placing aggressive bets ahead of the release of the July US employment report.
Author  FXStreet
8 hours ago
The US Dollar Index (DXY) trades around 99.95 at the time of writing on Friday, virtually unchanged on the day, as investors refrain from placing aggressive bets ahead of the release of the July US employment report.
placeholder
WTI holds firm near $77.50 as escalating Middle East tensions threaten oil supply routesWest Texas Intermediate (WTI) oil price remains steady after registering modest gains in the previous day, trading around $77.50 per barrel during the Asian hours on Friday.
Author  FXStreet
16 hours ago
West Texas Intermediate (WTI) oil price remains steady after registering modest gains in the previous day, trading around $77.50 per barrel during the Asian hours on Friday.
placeholder
Bitcoin Price Forecast: Persistent ETF inflows, easing Middle East tensions lift risk appetiteBitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
Author  FXStreet
Yesterday 10: 09
Bitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
placeholder
Australian Dollar remains calm following Trade Balance dataAUD/USD steadies after two days of gains, trading around 0.7060 during the Asian hours on Thursday. The pair moves little as the Australian Dollar (AUD) remains silent following the release of domestic Trade Balance data.
Author  FXStreet
Yesterday 02: 09
AUD/USD steadies after two days of gains, trading around 0.7060 during the Asian hours on Thursday. The pair moves little as the Australian Dollar (AUD) remains silent following the release of domestic Trade Balance data.
Related Instrument
goTop
quote