Harris manufacturing plan aims to take away Trump’s business support | Real Time Headlines

Vice President Kamala Harris Plans to announce new campaign proposals focused on boosting U.S. manufacturing In a speech on Wednesday economic club of pittsburghaccording to a senior campaign official.

The proposals are part of a broader effort to view Harris as a partner, not an adversary, of the United States. corporate worldThe official, who spoke on condition of anonymity, said he was free to discuss the speech, which has not yet been made public.

The official said Harris’ speech would outline a “pragmatic” economic philosophy rooted in capitalism, innovation and an understanding of the limits of government, rather than “bound by ideology.”

The vice president will try to demonstrate her openness to the private sector as a means of growing the middle class, which has so far been the focus of her nascent middle class. economic platform.

The speech will directly rebut attacks by Harris’ Republican opponent, former President Donald TrumpHe has worked to define the former senator from California as the “radical left candidate of the Democratic Party” and a threat to the U.S. economy.

“If Kamala Harris gets another four years, she will deindustrialize America and destroy our country,” Trump said on Tuesday at an event in Savannah, Georgia, where he also unveiled new legislation. manufacturing proposals.

In his speech in Georgia, Trump said that if he is re-elected, he will expand tax credits for research and development expenses, appoint a dedicated “manufacturing ambassador” and implement tough policies. tariff He said imports would stimulate domestic production.

In Wednesday’s rebuttal, Harris also plans to emphasize her middle-class upbringing and political resume, the campaign official said.

She will point out her two terms California Attorney GeneralDuring this time, she worked with companies to address privacy issues in early mobile apps. Harris will also borrow her work Vice President Provide more capital to community banks and small businesses.

Harris spent much of her eight-week presidential campaign economic propaganda and President Joe Bidenagenda.

Harris has campaigned to reduce the cost of food, housing and child care, in part by blaming corporate America for “price gouging”, or to manipulate and raise consumer prices well beyond producer costs, causing profit margins unfettered by productivity to soar.

In August, Harris even proposed a federal ban So-called price gouging by the food and grocery industry.

but the idea is Pan Economists from across the political spectrum see little evidence that corporate pricing is the main driver of high prices.

Harris has softened her rhetoric on corporate America over the past few weeks.

For example, last Wednesday, in a speech Congressional Hispanic Caucus InstituteHarris condemned price gouging but quickly clarified that only a handful of companies were actually involved.

“Some companies, although they rarely do this, are jacking up prices to make life harder for desperate people,” Harris said.

Wednesday’s speech could be the latest step in a shift in tone from Harris, with Biden less rebuke of businesses and more rhetorical. industrial policy Target.

However, campaign officials noted that Harris will also make it clear that “she will not be afraid to hold bad actors accountable if necessary.”

With just 41 days left until Election Day and voters in several states already casting their ballots early, the Harris campaign sees her Pittsburgh speech as an opportunity to continue to chip away at Trump’s longstanding advantage among voters on economic issues.

Recent polls suggest Harris’ efforts on this front are already bearing fruit.

this Financial Times-Michigan Ross A September poll of 1,002 registered voters showed Harris leading Trump by 2 percentage points on the economy.

The poll was conducted two days after the first presidential debate between Harris and Trump on September 10

Harris’ slim two-point advantage is within the poll’s margin of error of plus or minus 3.1 percentage points, but it reflects Harris’ pursuit of her Republican rival.

Several other high-quality polls conducted after the debate showed Harris narrowing Trump’s lead among voters on economic issues by double digits, including from AP-NORC, nbc news and fox news.