Donald Trump's campaign vow to increase tariffs on imported goods, particularly from China, has the support of a narrow majority of US voters, illustrating his economic advantage over rival vice president Kamala Harris, a new Reuters/Ipsos poll shows.
The Republican former president and his Democratic opponent have both vowed to pursue tax cuts if they win the November 5th election. But voters also credit Mr Trump with being more likely to lower the $35 trillion national debt - even though independent economic forecasters say his proposals would have the opposite effect.
Some 56 per cent of registered voters in the September 11th-12th poll said they were more likely to support a candidate backing a new 10 per cent tariff, or tax, on all imports, as well as a 60 per cent tariff on imports from China. By comparison, 41 per cent said they were less likely to support a candidate attached to that proposal.
The poll showed Ms Harris with an overall 5-percentage-point lead over Mr Trump nationally, though the US presidential race will largely be decided in about seven battleground states where the race is tighter.
Poll
The poll details Mr Trump's strengths on a key issue, the US economy.
"This is what's keeping the election so close," said Karlyn Bowman, a polling expert at the conservative American Enterprise Institute.
Ms Bowman said Mr Trump's advantage flows from a perception the economy did well during his 2017-2021 administration, and from his success convincing voters US economic problems stemmed from underhanded economic competition from other countries, notably China.
The poll found one in three Democrats said they were more likely to vote for a candidate backing higher tariffs and steep levies on Chinese goods, compared with two-thirds who said they were less likely to do so. Independent voters mirrored the wider electorate.
Until the Covid-19 pandemic ravaged the global economy in 2020, the US economy by many measures performed well during the Trump administration, boosted by tax cuts for consumers. Unemployment was at its lowest in decades, although the national debt was rising and would explode during the pandemic.
This year, Mr Trump has promised an array of tax cuts on the campaign trail, including ending income tax on tipped income - a proposal Ms Harris also supports. On Thursday, he vowed to end taxes on overtime pay.
Seventy per cent of registered voters supported the idea of exempting tips from taxes.
'Tariff man'
Mr Trump called himself a "tariff man" during his presidency as he slapped levies on Chinese imports. Economists are wary of the idea, including at Wall Street bank Goldman Sachs, which estimates Mr Trump's tariffs and other policies would slow the economy.
Ms Harris mentioned Goldman Sachs' assessment in Tuesday's presidential debate and has noted that many independent economists believe Mr Trump's policies would add to the national debt.
But the poll found that 37 per cent of US voters see Mr Trump as more likely to focus on reducing the debt, compared with 30 per cent who picked Ms Harris. Another 30 per cent said neither would do so.
Several prominent budget forecasters see Mr Trump's tax proposals adding at least $3 trillion to federal deficits over a decade, while the same forecasters see Ms Harris' plans adding less than $2 trillion or possibly reducing the debt.
Among voters polled, 47 per cent said Mr Trump was more likely to prioritise fostering a good climate for business, compared with 37 per cent who picked Ms Harris.
Ms Harris, however, had a marginal 1-percentage-point advantage - 43 per cent to 42 per cent - when voters were asked who will seek to create "an economic climate that is good for me and my family".
Voters also said Ms Harris was more likely to prioritise getting people affordable healthcare and building bridges and roads.
Mr Trump had an advantage on inflation, which surged under Mr Biden in 2021 and 2022. Some 43 per cent of voters in the poll said Mr Trump would be more likely to "lower prices for everyday things like groceries and gas," compared with 36 per cent who picked Ms Harris.
The Reuters/Ipsos poll gathered responses online from 1,405 registered voters, with a margin of error of about 3 percentage points.
