U.S. picks president on Tuesday in high-stakes election for Asia

Higher tariffs could be levied on all Asian goods if Trump returns to the White House

20241101 Trump and Harris

Polls suggest the presidential race between Republican former President Donald Trump and Democratic Vice President Kamala Harris, seen debating above, will be close.   © AP

JACK STONE TRUITT and PAK YIU, Nikkei staff writers

NEW YORK -- Americans will choose their next president in voting that concludes Tuesday, with the terms of trade for Asian economies facing a reset if Donald Trump defeats Kamala Harris and keeps his campaign promise to increase tariffs.

Polls show a close race between Trump, a Republican former president, and Harris, a Democrat now serving as vice president. The outcome under the Electoral College system, in which each state receives electoral votes based on its congressional representation, will likely be decided in the seven "swing" states of Pennsylvania, Michigan, Wisconsin, Georgia, North Carolina, Arizona and Nevada.

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