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Business Daily: What does this all mean for the US economy?

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05/11/2020 GMT

What does this all mean for the US economy?

BBC World Service - Business Daily, What does this all mean for the US economy?

The US vote count continues amid a Trump legal challenge

Vote counting continues in a handful of key battleground states which will determine the outcome of the US presidential election. Democratic candidate Joe Biden has been projected to win Michigan and Wisconsin. He also holds narrow leads in Nevada and Arizona. If he's able to hang on in all these states as final votes are counted, Mr Biden will be almost certain to win. We take a look at what this means for the US economy.  International economics policy analyst Pippa Malmgren joins the show to get us up to speed, and then we’ll hear from Jason Furman, the former chief economic adviser to President Obama, who says Biden’s focus will be on trade policy and manufacturing. Meanwhile, Trump’s own former chief economic adviser Tomas Philipson says the president’s economic achievements have been undervalued. And Mohamed El-Erian of Allianz says the balance between a Democratic executive and a Republican senate will not be the kind of stabilising influence economists usually expect.

Producers: Joshua Thorpe and Frey Lindsay

(Image credit: Getty Images)

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