The US 2026 midterms came down to money - The Business Times

Voters have issued their verdict on Trump’s trade and foreign policy. What will the Democrats do next?

FOR most of modern American history, midterm elections have been referendums on the economy and the president. The 2026 midterms broke that pattern.

Two issues that normally sit on the margins – trade and foreign policy – moved close to the centre, largely because voters experienced both at the checkout counter and the petrol station.

On Tuesday (Nov 3), voters handed Democrats control of the House and, with it, a share of power over both.

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