Former President Donald Trump and Vice President Kamala Harris debated in Philadelphia, addressing key economic issues. Trump’s tariff proposals include a 10% across-the-board tariff and a significant increase on Chinese goods, which could reignite inflation and impact middle-class families. Trump's claim that job losses during his presidency were due to the pandemic is accurate, but his job growth record was average in the thirty-seven months before the pandemic. Inflation rates under Biden are high but not unprecedented compared to Trump’s presidency. Harris argued Trump’s budget plan would raise the deficit by up to $10.5 trillion, while her own plans would add $2 trillion.
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00:00It's Benzinga, and here's what's on the block.
00:03Former President Donald Trump and Vice President Kamala Harris debated in Philadelphia addressing
00:07key economic issues.
00:09Trump's tariff proposals include a 10 percent across-the-board tariff and a significant
00:14increase on Chinese goods, which could reignite inflation and impact middle-class families.
00:19Trump's claim that job losses during his presidency were due to the pandemic is accurate,
00:24but his job growth record was average in the 37 months prior to the pandemic.
00:29Inflation rates under Biden are high but not unprecedented compared to Trump's presidency.
00:33Harris argued Trump's budget plan would raise the deficit by up to $10.5 trillion, while
00:38her own plans would add $2 trillion.
00:41For all things money, visit Benzinga.com.