Goldman Sachs: Trump's victory has a peak impact of 30 to 40 basis points on the price indicators favored by the Federal Reserve.

Odaily Planet Daily News Goldman Sachs economists analyzed the potential economic impact of the Republican or Democratic Party winning the November election in the United States and warned that if Trump wins, the U.S. GDP will suffer. Goldman Sachs stated that if Harris wins, it is not expected to further increase tariffs. The bank's economists wrote that Trump may increase tariffs on China, the European Union, and Mexico, leading to soaring inflation, with a peak impact of 30 to 40 basis points on price indexes favored by the Federal Reserve. The additional 10% universal tariff proposed by the Republican candidate will have a greater impact, although it will take longer. (Jinshi)