Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Published On Oct 13, 2024, 7:00 AM
The upcoming U.S. presidential election features stark differences in policy that will affect various sectors of the economy. Former President Trump is expected to continue his previous policies including tax cuts, reduced regulation, and tariffs on imports, while Vice President Harris leans towards increasing corporate taxes and maintaining strict regulation. Key implications are seen in industries such as airlines, banks, electric vehicles, healthcare, media, restaurants, and technology. Depending on the election outcome, businesses could face either a lenient or stringent regulatory environment. Trump's resurgence could support mergers and reduce oversight, while Harris may uphold existing protections and regulations, particularly in the areas of consumer protection and environmental standards, indicating a period of uncertainty for investors.