Harris team warns CEOs that Trump is a threat to economy, while Trump says tariffs can drive growth
Kamala Harris’ campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth
WASHINGTON — WASHINGTON (AP) — Kamala Harris ' campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth — a closing argument designed to show the possible consequences for companies and workers if he returns to the White House.
It’s a position that Trump's team rejects as they tell voters that prices will be lower and growth stronger than ever before if he wins Tuesday's election. As a billionaire who made his name in real estate, the former president has argued for higher tariffs to bring more factories into the United States and tax cuts for the wealthy and corporations on the premise that will lead to more investment.
The rival positions get at a fundamental distinction between the two candidates on how to guide the world’s largest economy: Harris’ team is arguing that the rule of law creates the certainty that can make markets and workers thrive, while Trump is arguing that tariff increases and tax cuts are the keys for growth.
Gene Sperling, who has guided three Democratic presidents on economic policy and is now advising the Harris campaign, has made what he describes as a “common sense” case to financiers and others about the dangers of a second Trump administration.
“A president who targets people, targets CEOs, targets companies, targets journalists and targets opposition could have a devastating impact on the investment confidence that has been robust for the past four years but also part of America’s strength since its
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