Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which is known as a country buster, it breaks up countries, we have inflation like a very few people have ever seen before, public the worst in our nations history. To get both persepectives, Business Today spoke to greg swenson, chairman of Re
Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
That ruling has been upheld. Lets get the latest now from our reporter in brasilia, leandro prazeres. In terms of what this means for brazilians, how are people reacting to this lack of access To X . ~. ,. , To X . Well, what we have seen so far since To X . Well, what we have seen so far since the To X . Well, what we have seen so far since the beginning To X . Well, what we have seen so far since the beginning of i so far since the beginning of last weekend is that there is a huge number of brazilians, Former X users, who have been migrating to other Social Networks such as blue sky, threads, and people reactivating accounts on facebook to talk about the issues that they were talking about on x. Yesterday, for example, it was reported that bluesky had gained more thani million new brazilian users in just three days. For those who are still trying to use x as a platform, they can use virtual private networks but the problem is that there is a fine imposed by the Supreme Court in brazi