Trump and Harris Clash Over Tariffs and Inflation in Key Presidential Debate. Here Is a Breakdown of the Numbers

Benzinga 2024-09-11

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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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