Donald Trump:
1. Limit illegal immigration, something Biden did poorly during his term.
2. Increase import taxes (China), reduce taxes for domestic businesses, bringing American companies back to America.
Kamala Harris:
1. Will continue to loosen immigration, but will control it more tightly than Biden.
2. Will not increase taxes for those earning less than 400,000 USD/year, in contrast to those with higher incomes.
3. Will continue to impose taxes on imported goods from China.
4. Strengthen foreign relations.
=> Looking at Kamala Harris's policies, they will mainly focus on foreign issues, increasing inspections to limit illegal immigration. The policies seem to just 'patch up' the weaknesses that the J. Biden administration has left behind. There is no stimulation for domestic businesses to develop (the economy) but only continuing the tasks that the J. Biden administration or the Democratic Party is still unfinished...
=> Trump is more concise; he mainly stimulates economic development and protects national interests, focusing more on the 'people's' wallets...
The impacts on Bitcoin, Gold, or the U.S. stock market.
- For Trump, we can see he is planning to support American businesses domestically and abroad, meaning he wants to boost the economy. So with someone who wants to promote the economy, could Trump want to support the Fed's increase in interest rates as the media or the Democratic Party might weave? Reducing taxes for businesses and then increasing interest rates to create difficulties for them again? Sounds a bit... fishy, right?
- Of course, Trump will support reducing interest rates to help businesses more, and regarding the FOMC meeting in September, Trump said not to reduce interest rates for another reason, the reason that the Hawk had mentioned before? If the Fed had reduced interest rates in that meeting, it would have simultaneously helped Kamala Harris put 'one foot' into the U.S. presidency seat, everyone has seen the impact of the Fed's interest rate cuts in September, the stock market and Gold both had new ATHs. So everything that the media has brought up related to Trump about Trump supporting further interest rate increases, hindering domestic businesses from developing, are all things that have been fabricated by the 'opponent'...
2. Now let's move on to the issue of inflation.
=> There is a lot of information about when Donald Trump comes in, taxes and inflation will rise; the reason this information is propagated is that when Trump imposes taxes on imported goods, it will increase costs and prices of goods and thereby lead to increased inflation. It's true because Trump's policy is to raise taxes on imported goods from abroad, especially from China.
However, let's look at Donald Trump's previous term; in reality, inflation did not rise as high as they have 'rumored', because imported goods only accounted for a small part that was not enough to base the price of goods on, and from that, calculate inflation. Along with that, under J. Biden's administration, this tax policy was also applied to domestic goods and to China. So, Donald Trump's policy was good but was condemned and criticized? Many things are hard to say...
=> In summary: If Trump is elected president, it will benefit the U.S. economy with his policies, reducing taxes, lowering interest rates for businesses, thereby the stock market will revive again, not as bleak as in recent days.
- In terms of Crypto, there's no need to discuss, Trump has shown the Crypto community promises when he was elected president. And of course, Bitcoin will react extremely positively if Trump just increases his chances of winning.
- For Gold, just reducing interest rates further is enough to continue the growth momentum this year, breaking ATH continuously in the past time.