During a rally in Pittsburgh, former US president Barack Obama took aim at Donald Trump, reminding voters that the strong economy Trump inherited was built by him.
“Yeah, it was pretty good when Trump took office in 2017 – because it was my economy,” Obama said.
“On the one hand, you have somebody who grew up like you, knows you, went to college with you, understands the struggles and pain and joy that comes from those experiences.
“And on the other side, you have someone who has consistently shown disregard, not just for the communities, but for you as a person,” Obama said of the difference as he sees it between VP Kamala Harris and former president Trump.
As a result of Obama's comments, there have been discussions about the impact that a Trump presidency might have on global markets.
Trump's tax cuts did little to contribute to the economic growth seen during Obama's first term, Obama claimed.
As the United States prepares for the presidential election, this criticism has significant implications for global markets.
In Australia, a Trump victory could lead to an increase in uncertainty, particularly in terms of trade policies and international relations.
There is the possibility that the U.S. will adopt a more isolationist stance under President Trump, which could disrupt global supply chains and affect the exports of Australia.
Global investors are closely following the U.S. election, as the outcome may have a significant impact on market dynamics and economic policies.
