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2024-10-14 17:52:47

evrimagaci.org on Nostr: US Presidential Election Threatens Global Economic Stability ========== The 2024 U.S. ...

US Presidential Election Threatens Global Economic Stability
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The 2024 U.S. presidential election features candidates Kamala Harris and Donald Trump, whose contrasting policies could impact global economic stability; European leaders face a 'least bad' choice between Trump, who may reignite trade wars, and Harris, who would likely continue Biden's policies; Trump's potential tariffs could reach 20%, affecting industries like Spanish olives, which saw a 70% export drop since 2018; economists predict a 1% reduction in Eurozone economic output if Trump wins; Trump's fiscal proposals could increase federal debt by $7.5 trillion, while Harris's plans may add $3.5 trillion; both candidates' policies pose risks to the European economy, with Trump's unpredictability raising concerns over trade and immigration.

#UsElection #GlobalEconomy #KamalaHarris #DonaldTrump #TradePolicies #Tariffs #EuropeanEconomy #FiscalPolicy #Immigration #EconomicStability

https://evrimagaci.org/tpg/us-presidential-election-threatens-global-economic-stability-46023
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