Former President Donald Trump on Tuesday was interviewed by Bloomberg at the Economic Club of Chicago, where he once again touted historic tariffs as a way to grow America’s manufacturing sector by making foreign countries foot the bill.

But, given the economy’s central importance in the 2024 race, it’s worth hammering on an Econ 101 fact: Tariffs are a tax on Americans.

Trouble is, a lot of people don’t seem to get this — including Trump, who, CNN has reported, has falsely and repeatedly claimed that China would pay for tariffs he imposes.

It’s just not how trade works — not now, not ever.

Very simply: When the US government decides to put a tariff (read: tax) on, say, Chinese goods, the actual money going to the US Treasury comes from the American company doing the importing. And for that company to stay in business, it needs to make up that cost somewhere else, and that typically means raising prices on its consumers.

In the fight for control of the House this fall, a trio of New York Republican lawmakers are pitching themselves as moderates willing to stand up to their own party as they aim to prove their wins in Democratic-leaning districts two years ago were not a fluke.

GOP Reps. Mike Lawler, Marc Molinaro and Anthony D’Esposito framed themselves in recent conversations with CNN as moderate and bipartisan, exposing the metrics with which the new battleground taking shape in the Empire State are measured: a race for the middle.

But it’s a tightrope. The three freshmen lawmakers support former President Donald Trump in districts President Joe Biden won in 2020. Their first terms have been defined by a historically unproductive Congress. And they’ve at times embraced the right-wing rhetoric of their party, particularly when it comes to immigration and border security.

It’s here in New York, particularly in the suburbs of central New York, the Hudson Valley and Long Island, where the balance of power for the House of Representatives will likely be decided, and it’s through these competitive races where red cracks in the state’s reputation as a blue fortress are becoming more exposed.

Read the full story.

President Joe Biden acknowledged on Tuesday that Kamala Harris wouldn’t act as a carbon copy of his own administration, tacitly nodding to a key challenge his vice president faces as she enters the final sprint of her campaign: How to distinguish herself from his record.

Delivered during what has become a rare campaign stop for the incumbent, Biden said Harris’ loyalty to him — up to now — doesn’t mean she won’t forge her own way going ahead.

“Donald Trump’s perspective,” he added, “is old and failed and quite frankly thoroughly totally dishonest.”

The comments highlight part of the balancing act Biden and Harris are each trying to strike as she faces some pressure to distinguish herself from the current president.

After declaring in September he would be “on the road” from Labor Day onward, Biden’s campaign schedule this fall has been conspicuously light — hampered, in part, by a string of urgent domestic and foreign crises requiring his attention, but also complicated by the sense that his presence on the trail could remind voters of the page Harris is trying to turn.

The event on Tuesday — a ticketed dinner to raise money for Philadelphia Democrats — was one of the few political appearances the president has made since Harris secured the Democratic nomination.

“I’m one of the few people in American history who has been vice president and president,” Biden said as he stood before signs bearing the name “Kamala.”

“And I know both jobs, what they take and I can tell you, Kamala Harris has been a great vice president. She’ll be a great president as well,” he said.

Less than three weeks until the election, the campaign and White House have yet to detail what Biden’s campaign schedule will look like in the lead up to November 5. One deployment under consideration, a source close to the campaign said, is a tour through Pennsylvania with the state’s governor, Josh Shapiro. Biden himself previewed such a swing weeks ago in an interview.

Read more about Biden’s role in campaigning for Harris ahead of Election Day.

Donald Trump is trying to bob and weave his way back to power while Kamala Harris is finally daring to ditch the script as Democrats fret about her campaign.

The Republican and Democratic nominees on Tuesday offered voters an unusually self-reflective glimpse into their characters as they pursued dwindling bands of undecided voters in their neck-and-neck race that’s coming down to the wire.

Trump, fresh off a bizarre half-hour at a town hall on Monday when he danced on stage to his campaign soundtrack, made a clumsy attempt to repair his damaged standing among female voters. “I’m the father of IVF,” said the former president whose conservative Supreme Court majority unleashed chaos in reproductive health care.

And in a testy appearance at the Economic Club of Chicago, he made a virtue of his frequent incoherence, styling it as a sophisticated “weave” of multiple ideas that only a political genius would attempt. And he tried a fresh reinvention of history over his attempt to steal the 2020 election, declaring that his crowd in Washington on January 6, 2021, was infused with “love and peace.”

Harris also sought a second chance among a key voting bloc that is cool on her campaign. As she seeks to become the first Black woman president, she courted Black male voters who were last week rebuked by former President Barack Obama for flirting with Trump.

In an interview with radio host Charlamagne Tha God, the vice president further sharpened her attacks on her rival, branding him as “weak” because he cozies up to dictators and agreeing with the host that his political creed equated to “fascism.”

Read the full analysis.

It is another busy day on the campaign trail, with the candidates criss-crossing multiple states as they race to make their final pitches to voters with just 20 days until Election Day.

Kamala Harris: The vice president will sit down with Fox News anchor Bret Baier on Wednesday for her first-ever interview on the right-wing cable network. The interview with the Democratic presidential nominee will take place in Pennsylvania and air during the “Special Report with Bret Baier” at 6 p.m. ET, the network said Monday.

Harris will also campaign in Bucks County, Pennsylvania today, focusing on patriotism and unity. The vice president will be joined by more than 100 Republicans supporting her over the former president in a bipartisan effort to prioritize country over party ahead of Election Day.

Donald Trump: Earlier today, Fox News will air a pre-taped town hall with the former president from Cumming, Georgia, at 11 a.m. ET. The event was hosted by Harris Faulkner before an audience of all women and is expected to focus on “issues impacting women ahead of the election and news of the day,” the network said.

Later on Wednesday, Trump will participate in a town hall moderated by Univision in Miami as the former president looks to court Latino Voters. This was previously postponed due to the impact of Hurricane Milton in Florida the week prior. Harris participated in a Univision town hall last week.

Gov. Tim Walz: The Democratic vice presidential candidate will deliver remarks at a series of campaign receptions in the Washington, DC, area.

Sen. JD Vance: The Republican vice presidential candidate will deliver remarks at a campaign event in Scranton, Pennslyvania, on Wednesday before holding a campaign rally in Wilmington, North Carolina.

The leader of a powerful conservative evangelical political advocacy group — Ralph Reed of the Faith & Freedom Coalition — told CNN’s Kasie Hunt in an exclusive interview that he’s “very comfortable” with Donald Trump’s position on abortion and the former president’s recent comments declaring himself the “father of IVF.”

Pressed on Trump ultimately declaring he would veto a federal abortion ban earlier this month after waffling on the question, the Faith & Freedom Coalition chair pointed to the political challenges of passing such legislation in the first place.

“In terms of the national abortion law, we certainly favor that and we would wish that any president would sign it, but the reality is you need 60 votes in the Senate,” Reed said. “And that’s not likely to happen in the short-term.”

Reed labeled Democratic presidential nominee Kamala Harris’ abortion agenda “radical” and “extreme” — claiming that she wants to go beyond Roe v. Wade and provide taxpayer-funded abortions with no restrictions.

“For these voters of faith, Kasie, the contrast could not be sharper, could not be more dramatic and that’s why I think they’re coming and they’re going to come in record numbers,” he said.

Vice President Kamala Harris will campaign in Bucks County, Pennsylvania, today where she will center her remarks on patriotism, uniting the nation and upholding the Constitution as she continues to draw a contrast with Donald Trump, according to a campaign official.

Harris will be joined by more than 100 Republicans who are backing her candidacy over the former president, in a bipartisan effort to call for putting country above party ahead of Election Day.

According to the campaign, in her remarks, the vice president plans to blast Trump for refusing to engage in the peaceful transfer of power in 2020 and previously calling for the termination of the Constitution to overturn the election. She will also warn of the threat a second Trump term poses as she again slams her rival for his comment that the US military should handle “the enemy from within.”

Harris, the official said, will urge Republicans who have democratic values to rally behind her in an effort to move past Trump’s chaos.

The event, the campaign noted, will take place in Washington Crossing, at a location not far from where George Washington and troops crossed the Delaware River in 1776, which marked a major turning point in the American Revolution.

Among the Republicans joining Harris include former Rep. Adam Kinzinger, former Georgia Lt. Gov. Geoff Duncan, former New Jersey Gov. Christine Todd Whitman and several former Trump aides.

A new CNN Poll of Polls average of national polling, released Wednesday morning, continues to find no clear leader in the presidential race, with an average of 51% of likely voters supporting Vice President Kamala Harris and 48% backing former President Donald Trump.

Of the four surveys included in the average, two give Harris a slight edge over Trump, while the other two show an effectively deadlocked race. A Marquette Law School poll released Wednesday finds likely voters split 50-50 when pushed to choose between the two candidates in a head-to-head race.

The Marquette poll finds that registered voters are more likely to describe Trump than Harris as having a strong record of accomplishments (53% say this describes Trump at least somewhat well, compared with 43% who feel it describes Harris), but are also more likely to say he has behaved corruptly (61% Trump, 38% Harris) and is too old to be president (59% Trump, 13% Harris).

Both Harris and Trump are seen by most registered voters as strong leaders.

A Marist College poll also released Wednesday finds Harris taking 52% to Trump’s 47% among likely voters in a head-to-head matchup.

Donald Trump on Tuesday declared himself the “father of IVF,” a fertility treatment that has come under threat following the Supreme Court’s 2022 decision to overturn Roe v. Wade.

It’s unclear what precisely the former president meant when he made the comment at a Fox News town hall in battleground Georgia that was billed as focusing on women’s issues and had an all-female audience. But he has repeatedly returned to the issue – talking up his support for IVF – on the campaign trail, where he has given a long series of confusing or contradictory answers about his stance on abortion.

In vitro fertilization, an expensive, decades-old treatment used by millions of parents, became a flashpoint in the nationwide clash over abortion and reproductive rights earlier this year when Alabama’s Supreme Court said that frozen embryos are children and those who destroy them can be held liable for wrongful death.

The Alabama ruling infuriated reproductive rights advocates who reasoned it would have a chilling effect on IVF, scaring off doctors who perform the procedure and sending prices even higher. It also set off a political firestorm that ultimately sent the state’s Republican-led Legislature scrambling to pass a bill giving civil and criminal immunity to providers and patients.

Read more about Trump’s comments on IVF here.