My Say: What Asia should expect from a volatile US
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Kamala Harris's potential victory could lead to continued American policies; US elections are less than six weeks away; Harris is dead even with Trump in national polling; Trump has an edge on economy and immigration issues; Harris raised more money and has enthusiastic volunteer support; abortion rights backlash may favor Democrats; Harris likely to win narrowly but may lose Senate control; divided government expected; Harris's presidency may continue Biden's policies; Trump would implement aggressive tariffs, risking world trade; US economy may slow but remain resilient; US fiscal position at risk with $28 trillion debt; Moody's predicts rising debt-to-GDP ratio; Fed unlikely to cut rates aggressively; US oil production expected to rise by 500,000 bpd in 2025; Asia must prepare for a volatile US political landscape.
#UsElections #KamalaHarris #DonaldTrump #Asia #Economy #Trade #OilProduction #FiscalPolicy #Inflation #Politics
https://theedgemalaysia.com/node/728449
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