Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
Vice President Kamala Harris raised approximately $55 million during high-dollar fundraisers in California over the weekend, bolstering her financial advantage over Republican rival Donald Trump. The fundraising events took place in Los Angeles and San Francisco, with Harris urging attendees to leverage their networks as the race tightens.
On Sunday, Harris’s event at the JW Marriott in downtown Los Angeles brought in $28 million, while Saturday’s fundraiser at San Francisco’s Palace of Fine Arts raised $27 million, according to sources. The Los Angeles gathering featured performances by Alanis Morissette and Halle Bailey, and was attended by celebrities like Sterling K. Brown, Demi Lovato, and Stevie Wonder, along with mogul Jeffrey Katzenberg, co-chair of the Harris campaign.
Harris emphasized the closeness of the race, stating, "We are the underdogs," and encouraged attendees to further activate their networks to ensure a victory in November.
The fundraisers saw ticket prices soar to $926,600, with top donors getting exclusive access, such as photos with the vice president and attendance at a luncheon.
Harris now holds $404 million in campaign funds, compared to $295 million for Trump, giving her a significant financial lead heading into the final weeks of the campaign.
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