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

Mitrade
Trending Articles
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

  • When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD
  • * 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
    Australian Dollar rises as employment data boosts RBA outlookThe Australian Dollar advances against the US Dollar (USD) on Thursday, following the seasonally adjusted employment data from Australia, which strengthens expectations of tighter monetary policy from the Reserve Bank of Australia (RBA)
    Author  FXStreet
    2 hours ago
    The Australian Dollar advances against the US Dollar (USD) on Thursday, following the seasonally adjusted employment data from Australia, which strengthens expectations of tighter monetary policy from the Reserve Bank of Australia (RBA)
    placeholder
    When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USDUnited States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed after Air Force One was forced to turn around due to a "minor electrical issue".
    Author  FXStreet
    17 hours ago
    United States (US) President Donald Trump is scheduled to deliver his speech at the World Economic Forum (WEF) in Davos after 13:00 GMT. Trump’s trip to Davos was delayed after Air Force One was forced to turn around due to a "minor electrical issue".
    placeholder
    AUD/USD holds ground near 0.6700 due to cautious RBA toneAUD/USD moves little after two days of gains, hovering around 0.6700 during the Asian hours on Friday. The pair steadies as the Australian Dollar (AUD) receives support amid cautious sentiment surrounding the Reserve Bank of Australia’s (RBA) policy outlook.
    Author  FXStreet
    Jan 16, Fri
    AUD/USD moves little after two days of gains, hovering around 0.6700 during the Asian hours on Friday. The pair steadies as the Australian Dollar (AUD) receives support amid cautious sentiment surrounding the Reserve Bank of Australia’s (RBA) policy outlook.
    placeholder
    USD/JPY holds positive ground above 158.00 amid Japan's political concernsThe USD/JPY pair trades in positive territory near 158.10 during the early Asian session on Tuesday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid political concerns in Japan.
    Author  FXStreet
    Jan 13, Tue
    The USD/JPY pair trades in positive territory near 158.10 during the early Asian session on Tuesday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid political concerns in Japan.
    placeholder
    EUR/USD steadies near 1.1650 ahead of US Nonfarm PayrollsEUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook.
    Author  FXStreet
    Jan 09, Fri
    EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook.

    Forex Related Articles

    • 6 Leading ASIC-Regulated Forex Trading Platforms&Apps in Australia (2026 Update)
    • Is Mitrade a Legit Forex Broker? Full Mitrade Review — Facts, Details, and What You Should Know
    • Best Currency Pairs To Trade 2026: Guide to Choosing Currency Pairs
    • Trading Chart Patterns:Ultimate Guide to Price Action
    • Forex Market Hours, Every Forex Trader Cannot Miss
    • Top 10 Must-Have Forex Technical Indicators That Every Trader Should Use

    Click to view more