US Midterms Empower Trade Partners Against Trump Policies

Democratic victories in US midterms may embolden trade partners to resist Trump policies. Allies and rivals weigh how political shifts impact ongoing negotiations and investment plans.

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FILE PHOTO: A drone view shows a cargo ship at Kwai Tsing Container Terminals in Hong Kong, China, April 16, 2025. REUTERS/Tyrone Siu/File Photo

Democrats captured majorities in both the Senate and House of Representatives on Tuesday, handing United States President Donald Trump's Republicans a midterm defeat. The stinging rebuke for tariff policies, blamed alongside the war in Iran for persistent inflation, could embolden global trade partners.