Economy still expected to be the focus of RNC first day despite Trump assassination attempt
==========

The first day of the Republican National Convention (RNC) is still expected to focus on the economy, despite the assassination attempt on Donald Trump at a rally in Pennsylvania. The speakers at the convention are likely to argue that Trump's agenda of tariffs and lower taxes would jump-start the economy. Trump's economic plans include tariffs on trade partners, no taxes on tips, a reduction in the corporate tax rate, and a focus on oil, natural gas, and coal. However, Democrats and some economists argue that Trump's ideas would cause inflation, harm the middle class, and increase the national debt. Trump has released few hard numbers or policy details, relying on his record in office to appeal to voters. The RNC's focus on the economy contrasts with Joe Biden's detailed 188-page budget proposal. Some of Trump's plans, such as cutting regulations and lowering the corporate tax rate, have bipartisan support, but his proposed tariffs could raise costs and worsen inflation. Despite the risks, Trump's tariff policies could be politically beneficial, particularly in industrial areas that have lost jobs to China. The first day of the RNC will still emphasize the economy, with Trump's economic record in his first term as a key selling point for his second term.

#RepublicanNationalConvention #DonaldTrump #Economy

https://fortune.com/2024/07/15/donald-trump-assassination-attempt-rnc-first-day/