Businesses brace for turmoil as polls draw near

Washington - From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear - with fresh tariffs rolled out and promises of more.

- – AFP

Republican candidate Donald Trump has proposed at least a 10% tariff on imports and up to 60% on Chinese goods, intensifying levies he previously imposed on Beijing and others.

Democratic nominee Kamala Harris, meanwhile, serves an administration that largely maintained Trump's tariffs and last month finalized further hikes on $18 billion (about R314 billion) of Chinese products.

For Robert Actis, whose manufacturing business has been caught in the tariff maelstrom, the future has looked "clouded" over the past five years.