Norbolsa | Fiscal deficit figures for the 2024 fiscal year have been released, showing an 8% increase in the deficit, bringing the deficit-to-GDP ratio to 6.4% from 6.2% in 2023. This fiscal performance could weigh on the Harris campaign, which is being presented as a more fiscally balanced policy. Thus, the Committee to care for a “Responsible Federal Budget” estimates that Trump’s plans would raise the debt by $7.5 trillion,…

Bankinter | In an interview at the Economic Club of Chicago, Trump insisted on his plans for tariff hikes, refuting economists’ forecasts that this would result in a negative impact on supply chains, consumers and economic activity. Tariffs on China would be 60% and 10% on the rest of the world. In their view, companies would quickly bring production back to the US to avoid the tariffs, generating more economic…