Harris and Trump Economic Policies Ahead of Elections

In a critical week leading to the presidential elections, Vice President Kamala Harris presented her manufacturing strategy as part of her 'opportunity economy' initiative, which emphasizes significant government involvement in sectors deemed essential for future growth such as biomanufacturing, aerospace, and quantum computing. This approach starkly contrasts with former President Trump's ongoing emphasis on protectionist economic policies, symbolized by tariffs that he claims will shield American manufacturing. Trump has proposed escalating tariffs, which critics argue may disenfranchise ordinary Americans by increasing consumer prices. Both candidates appear to be courting swing voters, particularly those in manufacturing-heavy regions, but the long-term impact of their policies remains debated. Harris's push for reform, such as permitting changes, was viewed skeptically concerning its appeal to average voters, while Trump's abrasive tactics, like the promise of immense tariffs on companies moving operations abroad, could alienate potential supporters.