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US: Harris Speech On Economy Underway Shortly

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Vice President Kamala Harris is shortly due to deliver a major policy speech at the Economic Club of Pittsburgh, Pennsylvania on her “pragmatic” and “capitalist” vision to bolster domestic manufacturing. LIVESTREAM

  • The speech comes a day after former President Donald Trump outlined a hawkish plan to use punitive tariffs and tax incentives to coerce manufacturing back to the US. The Harris campaign is also preparing to release a lengthy document explaining her economic vision.
  • The Washington Post reports: “Harris will try to contrast former president Donald Trump’s plans to impose trillions of dollars in new tariffs with her proposals to spur U.S. production through targeted tax incentives..."
  • Harris is expected to use the speech as a pitch to business that she represents the economic centre and argue that Trump's policy pledges are likely to benefit the top 1%. According to prepared remarks, Harris will say: “For Donald Trump, our economy works best if it works for those who own the big skyscrapers. Not those who build them. Not those who wire them. Not those who mop the floors.”
  • The NYT notes: "She’s still behind when it comes to voter perceptions of the economy. While she may have gotten a political boost from the Fed lowering borrowing costs last week, momentum that’s been captured in recent polls, over all Americans appear to still favor Trump on the matter. Consumers are still concerned about the job market and their finances."
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Vice President Kamala Harris is shortly due to deliver a major policy speech at the Economic Club of Pittsburgh, Pennsylvania on her “pragmatic” and “capitalist” vision to bolster domestic manufacturing. LIVESTREAM

  • The speech comes a day after former President Donald Trump outlined a hawkish plan to use punitive tariffs and tax incentives to coerce manufacturing back to the US. The Harris campaign is also preparing to release a lengthy document explaining her economic vision.
  • The Washington Post reports: “Harris will try to contrast former president Donald Trump’s plans to impose trillions of dollars in new tariffs with her proposals to spur U.S. production through targeted tax incentives..."
  • Harris is expected to use the speech as a pitch to business that she represents the economic centre and argue that Trump's policy pledges are likely to benefit the top 1%. According to prepared remarks, Harris will say: “For Donald Trump, our economy works best if it works for those who own the big skyscrapers. Not those who build them. Not those who wire them. Not those who mop the floors.”
  • The NYT notes: "She’s still behind when it comes to voter perceptions of the economy. While she may have gotten a political boost from the Fed lowering borrowing costs last week, momentum that’s been captured in recent polls, over all Americans appear to still favor Trump on the matter. Consumers are still concerned about the job market and their finances."