The first televised debate in the U.S. presidential election began with a mention of the U.S. economy and inflation.
US President Joe Biden, a Democrat, said he inherited from Republican Donald Trump an "America with a collapsing economy and rising unemployment" when he took office, BBC reported.
"We have to bounce back," Biden said. He also said things were "very bad" under the Republican Trump administration, saying Trump had "done nothing."
Biden used the word "chaos" several times.
When US President Trump brandished the tariff stick and pushed up the tariff rates on India's five pillar industries including steel, textiles and medicine to 50%, this trade experiment, which economists call "the most absurd trade experiment of the 21st century", officially kicked off.
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