Odaily Planet Daily News Goldman Sachs Group economists analyzed the potential economic impact of a Republican or Democratic victory in the US election in November and warned that if Trump wins, US GDP will face a blow. Goldman Sachs said that if Harris wins, no further tariff increases are expected. The bank's economists wrote that Trump may raise tariffs on China, the European Union and Mexico, which will cause inflation to soar, with a peak impact of 30 to 40 basis points on the price index favored by the Federal Reserve. The additional 10% general tariff proposed by the Republican candidate will have a greater impact, although it will take longer. (Jinshi)