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Economic Challenges: Will Europe be the winner after Trump's midterm defeat?

After the Democrats' clear victory in the midterm elections, Rürup and Hüther discuss whether Donald Trump will change his foreign policy.

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Economic Challenges: Will Europe be the winner after Trump's midterm defeat?

Toronto - Premier Doug Ford of Ontario, Canada, expressed euphoria upon hearing the landslide victory of US Democrats in the midterm elections. Speaking at a press conference on Wednesday, Ford, known for his populist style, remarked, "I've been biking on the streets," upon learning of the election results. He recounted how he jumped up and down as the outcomes were announced.

In recent months, Ford, who once admired US President Donald Trump, has become one of Canada's most vocal and determined critics of the President. Asked by journalists how he views Trump's poor performance in the midterms, Ford declared, "I'm overjoyed. I can't stand the guy."

Other prominent Canadian politicians responded more cautiously to the southern neighbor's electoral outcome, primarily to avoid jeopardizing ongoing trade talks with Washington. Many made it clear that they now hoped for a relaxation in the trade war initiated by Donald Trump. Can the Democrats' victories provide Canada and other countries with more negotiating power, or is this wishful thinking?

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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