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Harris touts ‘capitalist’ approach to economy as Trump leans toward populism

During a speech at the Economic Club of Pittsburgh, U.S. Vice President Kamala Harris emphasized her commitment to building an economy that benefits both businesses and the middle class, rejecting claims from Republican nominee Donald Trump that she is promoting “communist” ideas. Harris outlined plans to double the number of people in registered apprenticeships and increase support for home ownership, emphasizing her values of fairness, dignity, and opportunity.

In contrast, Trump, speaking at a furniture maker in North Carolina, focused on imposing tariffs and lowering taxes for U.S. manufacturers. Both candidates are refining their economic messages for voters in battleground states, with Trump emphasizing dominance over foreign competitors while Harris prioritizes supporting the middle class and entrepreneurs.

Harris, a self-proclaimed capitalist, plans to provide tax breaks and incentives for U.S. manufacturing and emerging technologies. Business leaders like Mark Cuban have expressed support for Harris’s detailed policy approach.

Both candidates critique each other’s tax proposals, with Trump labeling Harris as the “tax queen” and Harris criticizing Trump’s tariffs as a potential burden on the middle class. Despite their differences, both candidates are addressing voter concerns about the economy’s health and competitiveness in the global market.

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