Berliner Boersenzeitung - Harris, Trump cross swords on China and economy in debate

EUR -
AED 4.104397
AFN 76.945413
ALL 99.231189
AMD 432.617988
ANG 2.010719
AOA 1036.724537
ARS 1074.129077
AUD 1.641361
AWG 2.011389
AZN 1.904081
BAM 1.955429
BBD 2.252673
BDT 133.324726
BGN 1.955529
BHD 0.42042
BIF 3234.286875
BMD 1.117438
BND 1.441627
BOB 7.709539
BRL 6.055052
BSD 1.115688
BTN 93.249023
BWP 14.748204
BYN 3.651208
BYR 21901.788071
BZD 2.248874
CAD 1.517202
CDF 3208.165381
CHF 0.949812
CLF 0.037598
CLP 1037.433333
CNY 7.880067
CNH 7.870123
COP 4641.820049
CRC 578.89026
CUC 1.117438
CUP 29.612111
CVE 110.244101
CZK 25.088056
DJF 198.672338
DKK 7.466767
DOP 66.967305
DZD 147.657009
EGP 54.142736
ERN 16.761573
ETB 129.466357
FJD 2.459262
FKP 0.850995
GBP 0.83876
GEL 3.051043
GGP 0.850995
GHS 17.539675
GIP 0.850995
GMD 76.548818
GNF 9639.172699
GTQ 8.624365
GYD 233.395755
HKD 8.704949
HNL 27.675753
HRK 7.597474
HTG 147.212093
HUF 393.517458
IDR 16941.25656
ILS 4.221139
IMP 0.850995
INR 93.284241
IQD 1461.522939
IRR 47035.770303
ISK 152.262556
JEP 0.850995
JMD 175.286771
JOD 0.791709
JPY 160.803866
KES 143.922717
KGS 94.13132
KHR 4531.14103
KMF 493.181764
KPW 1005.693717
KRW 1488.975611
KWD 0.340897
KYD 0.929724
KZT 534.908597
LAK 24636.329683
LBP 99909.860054
LKR 340.395471
LRD 223.1377
LSL 19.586187
LTL 3.299505
LVL 0.675928
LYD 5.297996
MAD 10.818149
MDL 19.468309
MGA 5046.04342
MKD 61.603322
MMK 3629.395577
MNT 3797.054841
MOP 8.955702
MRU 44.337595
MUR 51.268486
MVR 17.164273
MWK 1934.433289
MXN 21.697078
MYR 4.698871
MZN 71.348848
NAD 19.586187
NGN 1831.984424
NIO 41.062216
NOK 11.713438
NPR 149.198716
NZD 1.791484
OMR 0.429669
PAB 1.115688
PEN 4.181807
PGK 4.367172
PHP 62.188829
PKR 309.994034
PLN 4.274593
PYG 8704.349913
QAR 4.067529
RON 4.972492
RSD 117.064808
RUB 103.380402
RWF 1504.014883
SAR 4.193134
SBD 9.282489
SCR 14.578236
SDG 672.143165
SEK 11.364797
SGD 1.442952
SHP 0.850995
SLE 25.530448
SLL 23432.113894
SOS 637.579134
SRD 33.752262
STD 23128.713955
SVC 9.762149
SYP 2807.596846
SZL 19.593286
THB 36.793929
TJS 11.859752
TMT 3.911034
TND 3.380559
TOP 2.617156
TRY 38.132438
TTD 7.588561
TWD 35.736832
TZS 3045.822602
UAH 46.114158
UGX 4133.216465
USD 1.117438
UYU 46.101261
UZS 14197.308611
VEF 4047978.463464
VES 41.096875
VND 27494.566096
VUV 132.664504
WST 3.125992
XAF 655.832674
XAG 0.035881
XAU 0.000426
XCD 3.019933
XDR 0.826843
XOF 655.832674
XPF 119.331742
YER 279.722751
ZAR 19.426272
ZMK 10058.288435
ZMW 29.537401
ZWL 359.814634
  • NGG

    0.7200

    69.55

    +1.04%

  • GSK

    -0.8200

    40.8

    -2.01%

  • CMSD

    0.0100

    25.02

    +0.04%

  • RBGPF

    58.8300

    58.83

    +100%

  • AZN

    -0.5200

    78.38

    -0.66%

  • BTI

    -0.1300

    37.44

    -0.35%

  • CMSC

    0.0300

    25.15

    +0.12%

  • SCS

    -0.3900

    12.92

    -3.02%

  • RIO

    -1.6100

    63.57

    -2.53%

  • BP

    -0.1200

    32.64

    -0.37%

  • RELX

    -0.1400

    47.99

    -0.29%

  • JRI

    -0.0800

    13.32

    -0.6%

  • BCC

    -7.1900

    137.5

    -5.23%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • BCE

    -0.1500

    35.04

    -0.43%

  • VOD

    -0.0500

    10.01

    -0.5%

Harris, Trump cross swords on China and economy in debate
Harris, Trump cross swords on China and economy in debate / Photo: SAUL LOEB - AFP

Harris, Trump cross swords on China and economy in debate

US presidential hopefuls Kamala Harris and Donald Trump clashed on China and economic issues Tuesday, with the Democratic candidate saying he "sold us out" on China while the former president declared "they've destroyed the economy."

Text size:

"He ended up selling American chips to China to help them improve and modernize their military," said Harris in her first debate with Trump ahead of the November 5 election.

"(He) basically sold us out when a policy about China should be in making sure the United States of America wins the competition for the 21st century," she added.

Harris's comments came as she and Trump crossed swords on various economic issues including the cost of living, inflation and her position on fracking.

"He invited trade wars," Harris said, referring to a tit-for-tat escalation of tariffs between the United States and China during Trump's 2017-2021 presidency.

With Trump proposing across-the-board tariffs of 10 percent to 20 percent on all imports if reelected, Harris likened the plans to a "sales tax" -- given concerns that costs could be passed on to consumers.

Trump is looking to impose a higher level of levies on imports from China, at 60 percent.

Harris also took aim at Trump on Tuesday for thanking Chinese President Xi Jinping in 2020 for his country's handling of Covid-19, saying this was despite a lack of "transparency" about the virus's origins.

- Fracking, inflation -

Republican candidate Trump, in turn, claimed that Harris "has no policy" and said that the Biden-Harris administration has kept his administration's tariffs on China in place.

The Biden administration this year intensified US tariffs on Chinese goods ranging from electric vehicles to semiconductors.

Trump also honed in on the issue of fracking, a sensitive issue in battleground Pennsylvania -- a key energy state -- saying Harris "will never allow fracking" there.

"If she won the election, fracking in Pennsylvania will end on day one," he added, in a nod to 2019 comments that she would ban it.

Harris maintained she had made it clear in 2020 that she would not enact a fracking ban, and has not supported doing so as vice president.

Trump also accused the current administration of ruining the economy, citing high inflation in recent years.

The economy remains the most important issue for likely voters this November, according to a September New York Times/Siena poll.

Inflation surged after the Covid-19 pandemic, with supply chain problems causing prices to rise while stimulus from the US government added to demand.

Price increases have since slowed and are close to policymakers' target levels.

Harris said that Trump "left us the worst unemployment since the Great Depression."

"What we have done is clean up Donald Trump's mess," she said.

(O.Joost--BBZ)