Analyzing JD Vance’s Plan for Protecting American Manufacturing; Gold Hovers Near Record High | Business Matters Full Broadcast (July 18)

Business Matters with Don Ma

We unpacking the economic policies of former president Trump's running mate: Ohio Senator J-D Vance. Vance is a successful businessman and venture capitalist. But he's also pro-American worker and pro-union.

Trump implemented a somewhat unconventional republican economic plan when he was in office -- raising tariffs on foreign goods and creating incentives for American businesses to bring operations home. Critics called it protectionist and anti-globalist. Trump called it Amercia First. J-D Vance has said of a second Trump term: “You're going to see a much more aggressive approach to protecting domestic manufacturers.”

Gold continues to shine. An anticipated rate cut by the Federal Reserve is perhaps keeping prices near record levels. U-S gold futures climbed today and the spot gold price edged higher to about 24-hundred-dollars. This comes after hitting an all-time high just yesterday. Analysts are anticipating long-term gains for the precious metal. Geopolitical instability and central bank demand are adding to the positive outlook.