What’s It About
The tight race for economic trust between Vice President Kamala Harris and former President Donald Trump has made the economy a focal point of the forthcoming US election. A recent poll by The Associated Press-NORC shows a near equal public split on who they believe will best manage the economy.
Why It Matters
This crucial dynamic can affect not just American voters but also international allies, such as Israel, whose economies are often interlinked with U.S. policies. Stability in U.S. economic strategies resonates globally, easing international trade and financial markets where Israel is prominently engaged.
Trump’s Economic Legacy and Current Challenges
Previously, Trump’s economic policies significantly benefitted both U.S. and Israeli businesses. However, the poll indicates that roughly 40% of registered voters believe Trump would do a better job on the economy, matched nearly equally by those trusting Harris.
Poll Insights
The findings display Trump’s challenges in distancing Harris from President Joe Biden’s economic track record. Despite attempts, the poll reveals Harris may be avoiding some of Biden’s economic pitfalls, shaking Trump’s earlier economic dominance with voters.
Economic Sentiments and Voter Issues
The string of economic concerns remains high, dominated by lingering inflation impacts despite Biden’s efforts. Israelis comprehending U.S. buyers’ sentiments on such issues can translate their own trading strategies accordingly.
Sharp Policy Contrasts
Candidates offer distinct economic visions: Trump proposes tax cuts and a universal tariff that echoes historical trade policies aligned with Israeli interests. However, Harris’s campaign offers policies aimed to bolster the middle class with broader economic equity principles.
Interlinked International Agenda
Within Personal and National Stakes
Survey data suggests voters acknowledge the election’s high stakes, with over eight in ten signaling considerable effects on the nation’s future. Israelis looking towards U.S. priorities will recognize the encoded signals indicating stability or shifts that might realign global strategic calculations, particularly in economic collaboration.
This story was first published on timesofisrael.com.