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

  • AUD/USD Price Forecast: Struggles to return to 0.7000 amid firm US Dollar
  • Gold holds steady below $4,150 amid elevated US yields
  • BNB price loses key support as US DoJ calls Binance CEO Changpeng Zhao a flight risk
  • * 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
    AUD/USD Price Forecast: Struggles to return to 0.7000 amid firm US DollarThe Australian Dollar (AUD) gives back its early gains after rising to near 0.6975 and turns marginally lower at around 0.6964 against the US Dollar (USD) during the European trading session on Tuesday.
    Author  FXStreet
    17 hours ago
    The Australian Dollar (AUD) gives back its early gains after rising to near 0.6975 and turns marginally lower at around 0.6964 against the US Dollar (USD) during the European trading session on Tuesday.
    placeholder
    United States Dollar Index sits near March 2025 highs, above 102.00 ahead of US NFPThe US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday.
    Author  FXStreet
    Oct 02, Fri
    The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday.
    placeholder
    【Daily Brief】The dollar ground higher for six days — and the AUD fell 2% in the very week the RBA hiked to a 15-year highThe dollar index held above 101 while the Australian dollar slid to a two-month low of 0.6976, a 2.02% six-session loss, even though the RBA raised rates to 4.60% and Australian CPI printed 4.0%. The yen is the only major currency gaining, ahead of Japan's monthly intervention tally at 7pm JST.
    Author  Irene Q.
    Sep 30, Wed
    The dollar index held above 101 while the Australian dollar slid to a two-month low of 0.6976, a 2.02% six-session loss, even though the RBA raised rates to 4.60% and Australian CPI printed 4.0%. The yen is the only major currency gaining, ahead of Japan's monthly intervention tally at 7pm JST.
    placeholder
    RBA set to hike interest rate to 4.60% in September as inflation remains elevatedThe Reserve Bank of Australia (RBA) is widely expected to raise the Official Cash Rate (OCR) by 25 basis points (bps) to 4.60% from 4.35% on Tuesday, after keeping rates unchanged at its previous two meetings
    Author  FXStreet
    Sep 29, Tue
    The Reserve Bank of Australia (RBA) is widely expected to raise the Official Cash Rate (OCR) by 25 basis points (bps) to 4.60% from 4.35% on Tuesday, after keeping rates unchanged at its previous two meetings
    placeholder
    Yen touches 158.37 as Tokyo reopens, then slips back — ¥15.4 trillion of intervention and the 200-day line stand between here and 160USD/JPY reached 158.37 overnight, its highest since early September, then eased to 157.88 as Japanese markets reopened after a three-day holiday. The Ministry of Finance has spent ¥15.4 trillion defending the yen since late July and the BOJ ran a rate check on September 18. The 200-day average sits at 158.43.
    Author  Irene Q.
    Sep 24, Thu
    USD/JPY reached 158.37 overnight, its highest since early September, then eased to 157.88 as Japanese markets reopened after a three-day holiday. The Ministry of Finance has spent ¥15.4 trillion defending the yen since late July and the BOJ ran a rate check on September 18. The 200-day average sits at 158.43.

    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