What You Need to Know from the Trump-Harris U.S. Presidential Debate

Mitrade
coverImg
Source: DepositPhotos

Insights -  On Tuesday night, the U.S. presidential debate took place, during which Trump and Harris discussed tariffs, immigration, abortion rights, and the Gaza conflict.


Tariffs and Immigration


Harris criticized Trump’s plan to impose high tariffs on foreign goods, likening it to a sales tax on the middle class, while promoting her own tax relief plans. She emphasized that Trump left the country with severe unemployment issues.


Trump challenged Harris for the persistent inflation during the Biden administration, stating that inflation is a "disaster for the people, for the middle class, and for every segment of society." He then quickly shifted to his primary issue of immigration, once again alleging—without evidence—that immigrants from "mental hospitals" are crossing the southern border into the U.S.


Abortion Rights


Both candidates addressed abortion and reproductive rights, critical issues in the 2024 campaign. Harris stated that since the overturning of Roe v. Wade, the Biden-Harris administration has led efforts to advocate for abortion rights, criticizingTrump’s policies and the Hyde Amendment, which restricts federal funding for most abortion procedures. Harris also asserting that he should not dictate what women can do with their bodies.


Trump described the Democrats as radical on this issue but stated he would not sign a nationwide abortion ban, accusing Harris of spreading lies. He argued that abortion should be resolved at the state level.


Gaza Conflict

  

Harris called for a ceasefire and hostage exchange in Gaza, expressing sympathy for both Israelis and Palestinians. While condemning Hamas's attacks on Israel.


Trump claimed that such a conflict would not have occurred during his presidency, suggesting that if Harris wins, Israel would face significant challenges due to her perceived stance on the country. Harris refuted this, emphasizing her support for Israel and commitment to its right to defend itself.


Housing


Harris once again highlighted high housing costs during the debate, a major concern for voters. She reaffirmed her commitment to providing $25,000 in down payment assistance for first-time homebuyers, contrasting her focus on public concerns with Trump’s approach.


Harris pledged to stimulate the construction of over 3 million homes and apartments in four years to tackle the housing shortage. The plan includes increasing private sector construction and providing subsidies, though it will face challenges from partisan politics.


According to the New York Times, Harris's campaign team is enthusiastic about a second debate, with her spokesperson indicating it should be scheduled for October.


Read more

  • Binance replaced 95% of a $6.3bn hole — Bitcoin is trading the plumbing, not the coin
  • Bitcoin is back above $80,000 — but 75% of the bounce was shorts, not buyers
  • Dollar presses 102 as the 10-year yield sits at 5.14% — and October hike odds are only 17%
  • Will US Stocks Rise After Midterm Elections? Analysis of Historical Election Data and Market Patterns
  • Bitcoin Stages V-Shaped Reversal, Surges to Reclaim $83,000 Level
  • Meta's AI bill just hit $145 billion — and it issued a new share class to pay for it
  • * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

    goTop
    quote
    Related Articles
    placeholder
    Today’s Market Recap: Fed Holds Rates Steady, Memory Chip Sector Surges, Micron Up Over 5%, SanDisk Up Over 7%, Google Drops Nearly 10% After HoursOn October 28, Eastern Time, the three major U.S. stock indices closed slightly higher across the board. The Federal Reserve announced it would keep interest rates u
    Author  TradingKey
    Oct 29, Thu
    On October 28, Eastern Time, the three major U.S. stock indices closed slightly higher across the board. The Federal Reserve announced it would keep interest rates u
    placeholder
    US Sept. PCE Preview: Inflation May Heat Up Again, How Will US Stocks, the Dollar, and Gold React?This Thursday (October 29), the US will release the September Personal Consumption Expenditures (PCE) price index. However, since the PCE report will be released after the Federal Reserve
    Author  TradingKey
    Oct 28, Wed
    This Thursday (October 29), the US will release the September Personal Consumption Expenditures (PCE) price index. However, since the PCE report will be released after the Federal Reserve
    placeholder
    Australian Dollar trades near monthly high, above 0.7000 as hawkish RBA offsets USD uptickThe AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the monthly high it touched the previous day.
    Author  FXStreet
    Oct 21, Wed
    The AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the monthly high it touched the previous day.
    placeholder
    US September PPI Preview: Will Inflation Surprise Again? US Stocks, Dollar and Gold Face Key Test On October 15, US Eastern Time, the U.S. is set to release the September Producer Price Index (PPI). The September CPI released this Wednesday was notably higher than market expectations,
    Author  TradingKey
    Oct 15, Thu
    On October 15, US Eastern Time, the U.S. is set to release the September Producer Price Index (PPI). The September CPI released this Wednesday was notably higher than market expectations,
    placeholder
    Yen inches toward 159 as Tokyo reopens — where is the line in the sand before 160?USD/JPY traded around 158.5 on Tuesday after Monday's 158.60 close — the highest since September 24 — as Tokyo reopened and the market re-focused on two dates dominating the yen calendar: the G20 finance ministers' meeting in Bangkok on October 15 and the Bank of Japan's October 30 decision. Here are the three forces leaning on the yen, the positioning picture, and the scenarios into Wednesday's US CPI.
    Author  Irene Q.
    Oct 13, Tue
    USD/JPY traded around 158.5 on Tuesday after Monday's 158.60 close — the highest since September 24 — as Tokyo reopened and the market re-focused on two dates dominating the yen calendar: the G20 finance ministers' meeting in Bangkok on October 15 and the Bank of Japan's October 30 decision. Here are the three forces leaning on the yen, the positioning picture, and the scenarios into Wednesday's US CPI.

    Forex Related Articles

    • How to Identify Forex Scams? Warning Signs Every Trader Should Know
    • Stop Loss: Your Savior In The Market
    • Is Mitrade a Legit Broker? A Transparent Review of Security, Platform, and Trading Conditions (2026 Updated)
    • Is Mitrade Right for You? A Complete Guide on How to Start Trading CFDs in 5 Steps
    • 6 Leading ASIC-Regulated Forex Trading Platforms&Apps in Australia (2026 Update)
    • Forex Trading In Malaysia - Top 10 Forex Brokers for Malaysia: Regulated & Trader-Friendly Picks

    Click to view more