Odaily News Economists at Goldman Sachs Group analyzed the potential economic impact of a Republican or Democratic victory in the November election and warned that U.S. GDP would face a hit if Trump wins. Goldman Sachs said it does not expect further tariff increases if Harris wins, and the bank's economists wrote that Trump could raise tariffs on China, the European Union and Mexico, which would cause inflation to soar, with a peak impact of 30 to 40 basis points on the Fed's preferred price index. The additional 10% general tariff proposed by the Republican candidate would have a greater impact, although it would take longer. (Jinshi)