TOKYO -- With the U.S. presidential election slated for Nov. 5, investors are going through how the outcome would shape Asia's financial markets as Vice President Kamala Harris and former President Donald Trump are contrasting candidates.
A victory for Harris, the Democratic nominee, is expected to be a continuation of the Biden administration's policies on global trade. Markets speculate the Republican nominee Trump's proposed 60% tariffs on Chinese goods, 20% on all other imports and an expansionary fiscal policy would worsen U.S. inflation, lead to fewer U.S. rate cuts, and strengthen the dollar.
