US Midterm Elections: Lame Duck? What Trump's Defeat Means for the Economy
In the US congressional elections, the Democrats have won both chambers of parliament and will be able to make it harder for Donald Trump to govern in the future. This is likely to have consequences that will be felt even in Germany.
The US midterm elections have resulted in the Democrats gaining control of the House of Representatives and the Senate. Economists expect Trump's trade policy, which has imposed tariffs on trading partners including the EU and Germany, to remain unchanged until at least January 2029. The policy is likely to continue to impact the German economy, and Trump's power, including his ability to veto laws, remains significant.
The outcome is also expected to affect the US economy, with predictions of slower growth, lower investment, and higher unemployment.
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.
