News list for " or Democratic"

Economists at Goldman Sachs Group have analysed the potential economic impact of a Republican or Democratic victory in the US in the November general election and warned of a hit to US GDP if Trump wins. Goldman said no further tariff increases are expected if Harris wins, and economists at the bank wrote that Trump could raise tariffs on China, the European Union and Mexico, which would cause inflation to soar, with a peak impact of 30 to 40 basis points on the Fed's favored price measure. The ...

2024-09-04 19:54:49