Potential impacts of Biden or Trump victory on trade, fiscal policy, immigration, and antitrust

From Investing.com: 2024-07-21 04:01:02

President Joe Biden and Donald Trump may face off again, as Senate leans Republican and House Democrat. Their economic policies could affect trade, fiscal policy, immigration, industrial policy, and antitrust enforcement. Trump proposes aggressive tariffs on Chinese and all imports, which could raise prices by 1.1% to 1.5%. Biden plans on tax cuts, raising corporate tax rates, and supporting green transition. Potential impacts on spending, immigration, and antitrust enforcement are also highlighted.



Read more at Investing.com: What happens if Biden or Trump wins By Investing.com