Trump-Harris Debate: The recent hot discussion between the Republican and Democratic Party presidential candidates has echoed a frenzy across the United States amid the ongoing elections. The debate, hosted by ABC news, offered the general public vital insights into the candidates’ views on tax policies, industry regulation, employment, and other key aspects driving the economy. Meanwhile, a tidal wave of optimism for the Democratic party candidate emerged with the latest debate, while Trump appears to have encountered a setback.
Here’s a brief report on which presidential candidate dominated the latest debate and 5 key takeaways from it.
Who Won The Trump-Harris Debate?
Intriguingly, while the host did not declare a clear winner, Democratic Kamala Harris’ performance in the recent debate has stunned nationwide masses. Simultaneously, Trump appears to have encountered a significant setback with the debate.
Polymarket betters now think a close tie between the Republican and Democratic party members is due, per latest data. Besides, it’s worth noting that Trump’s winning odds were down by 3%, whereas Harris’ gained 4% in light of the debate.
5 Key Takeaways from The Presidential Debate
Notably, the debate scoped in on key areas of discussion, including taxation policies, the current state of immigrants in the U.S., and unemployment and inflation rates, among many other things. However, what’s worth noting is that the Trump vs. Harris debate did not include talks on crypto.
Harris & Trump Tussle On U.S. Economy
Talking with ABC hosts, the Democratic Party member rolled out her plans to offer a ‘$50K tax deduction for small businesses,’ starkly contrasting Trump’s proposed ‘tax cuts for billionaires’ plan. The Democratic presidential candidate also slammed the former president’s ‘sales tax’ plans, which eye imposing a 20% tax on everyday goods.
However, the Republican replied, stating that he has no ‘sales tax’ plans and that the Democratic candidate is incorrect in stating so. Subsequently, the former U.S. president gauged in on the nation’s current inflation state, calling it one of the worst ever recorded in history under the current Democratic presidency. Simultaneously, he calls the party for not taking appropriate actions to offer the economy relief. Trump added that he looks to substantially lowering taxes and creating a great economy.
Former U.S. President Cracks Down On Immigrants
Meanwhile, Trump’s main point of focus in the debate appeared to be the impact of immigrants on the general masses. The Republican strongly calls the Democratic Party for allowing immigrants into the states, thereby hampering employment opportunities and threatening life on U.S. soil.
Nevertheless, Harris’ stockpile of arguments has pushed concerns over rising immigrant population aside.
Harris Hints Trump’s Policies May Push US Toward Recession
Further, in the Trump-Harris debate, gauging in on the Republican’s proposed taxation policies, Harris stated that her plans would make the economy flourish while Trump’s could worsen it. This statement is primarily attributable to what Goldman Sachs thinks, said Harris. She adds that 16 Nobel laureates think the former U.S. president’s plans could push the U.S. into a recession by next year.
However, Trump denied this statement, adding that his plan was marked as great upon discussion with financial experts from the Wharton school of Finance.
Harris Receives Endorsement From Taylor Swift, Musk Sides With Trump
Meanwhile, in the aftermath of the Trump-Harris debate, popular American singer Taylor Swift endorsed the Democratic party presidential candidate. Taylor posted on Instagram, calling Harris a “steady-handed, gifted leader,” garnering significant attention nationwide.
“I’m voting for Kamla because she fights for the rights and causes I believe need a warrior to champion them. I believe we can accomplish so much more in this country if we are led by calm and not chaos,” the singer added.
On the other hand, American entrepreneur Elon Musk continued garnering support for the Republican. Musk posted on X today, stating, “Trump supports a government efficiency commission to allow great things to be done, Kamala does not.” He further added, “We will never reach Mars if Kamala wins.” This chronicle has further intensified the rivalry between the presidential candidates.
Here’s What Latest Polymarket Data Has To Say
Lastly, in the wake of the debate, Polymarket data illustrated Trump’s winning odds at 49%, whereas Harris’ stood at 50%. With only 55 days left for the election, this data has sparked speculations nationwide. The Republican’s winning bets slipped 3% at press time, whereas the Democratic candidate’s soared 4%.
The recent shift of tides in Harris’ favor primarily aligns with her dominant stance in the latest ABC debate.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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