US Midterms: IW: US midterm elections unlikely to change Trump's tariff course
Next week, important midterm elections will take place in the USA. Trump's Republicans are threatened with a setback. However, the chances of a change in trade policy are low.
The Institute of German Economics (IW) expects the upcoming US midterm elections to bring little relief to US President Donald Trump's trade policy. Despite a possible opposition majority in Congress, the IW believes Trump's policy direction will remain unchanged until at least January 2029. The US trade deficit has not decreased under Trump's policy, and foreign investments in the US have dropped by 8.2% to $248 billion in 2025. The US national debt has exceeded $40 trillion, over 120% of economic output.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
