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Is Trump Considering Quitting the US Election? 

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By on August 12, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Is Trump Considering Quitting the US Election?  appeared first on Coinpedia Fintech News

The entry of Kamala Harris



Kamala Harris

Kamala Harris is an American politician attorney, and currently serving as vice president of the United States. She is the first female vice president and the highest-ranking female politician in the U.S. Kamala was Born in Oakland, California, and graduated from Howard University with a degree in political science and economics, and later pursued her law degree from the University of California, Hastings College of the Law. As a politician, she implemented stricter laws, the DREAM Act, and federal legalization of cannabis, healthcare, and taxation reform. Harris secured enough non-binding support from delegates to become the speculative nominee of the Democratic Party.

Vice President



as the Democrats’ candidate in the US election has narrowed the advantage that Republican candidate Donald Trump



Donald Trump

Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election

President



initially had when he was up against US President joe biden



joe biden

Joe Biden

President






Could this shift in the political situation make Trump reconsider his decision to run? Opinions are mixed, even within the Republican camp. Recently, Antony Scaramucci, a former aide to Trump, predicted that Trump might quit the 2024 U.S. election – a shocking claim indeed. 

Scaramucci’s Prediction: Will Trump Drop Out of the Election? 

In a command on a post by Stephanie LB – a popular youtuber, Scaramucci made his startling prediction about Trump possibly withdrawing from the election. He attempted to portray Trump as a weak leader with his comment. He claimed that Trump might not be as resilient as many think.

Is Trump Losing Momentum in the US Election Campaign?

At the beginning of his campaign, Trump had a substantial lead. At a point in the early days of the campaign, his chance of winning, according to platforms like Polymarket, were as high as 71%. This was when he was campaigning against Joe Biden, who was at his lowest then. However, the entry of Kamala Harris, replacing Biden as the candidate of Democrats, slightly shifted the balance. Recently, Harris took the lead on Polymarket with a 52% chance of winning, while Trump’s chances dropped to below 45% – a significant decline from his earlier 71%.

What Will Decide the US Election Outcome?

The economy is the central issue in this election. It is the reason why a significant portion of the population, who favoured Trump initially, has shifted their support towards Harris and has helped her to create a balanced campaign atmosphere. According to a recent Financial Times/Michigan Ross poll, at least 42% of voters trust Harris to handle economic matters. On the basis of this, some believe that this overwhelming support gives her a slight edge over Trump, despite his reputation for economic leadership. However, not all polls favour Harris on the topic of economy. Surveys like the CNBC All-America Economic Survey, still show Trump maintaining a strong lead on economic issues.    

Who is Leading According to Polls?

Recent polls indicate that Trump is slightly ahead in key states like Pennsylvania, Nevada, and North Carolina against Kamala Harris. It is crucial to understand what factors are helping Trump maintain this lead. If the economy remains the decisive issue and these states continue to trust Trump over Harris in this regard, the final outcome might not be difficult to predict. Currently, Trump’s campaign is primarily focused on his claims of tackling inflation.

In conclusion, the US election is shaping up to be a close contest, with the economy at the heart of the debate. As Trump and Harris vie for the top spot, their approaches to economic issues will likely determine who comes out on top.   

Read Also: Why the Crypto Market is Down Today? Is This the Beginning of the End for Altcoins?

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