Economy and macroUpdated November 6

Reports tie tariffs to GOP losses and their broader costs

Semafor linked tariffs to Republican losses in the midterms, reporting that they had been a drag on the party. The Financial Times said the party’s heavy losses exposed the economic and political costs of protectionism. Trump has sought to use tariffs to support domestic employment and cut trade deficits. But an analyst cited by Semafor called those aims wrong-headed and said neither had been met. The election criticism now sits alongside that assessment of what the policy has—and hasn’t—delivered.

2 publishers2 reports

Coverage started November 5