Midterms: Donald Trump disavowed, what changes for the American economy?
Donald Trump is paying the price for his economic unpopularity. By regaining the majority in Congress, the Democrats are reshuffling the cards in Washington, without having all the levers of power. Budget, debt,…
Eco from here eco from elsewhere Midterms: Donald Trump disavowed, what changes for the American economy? Published on: 06/11/2026 - 19:16
Donald Trump is paying the price for his economic unpopularity. By regaining the majority in Congress, the Democrats are reshuffling the cards in Washington, without having all the levers of power. Budget, debt, Federal Reserve, customs duties, investments in artificial intelligence: what consequences for the American economy and its international partners? Decryption with several renowned economists and market specialists.
Olivier Blanchard: Robert M. Solow Professor of Economics Emeritus at the Massachusetts Institute of Technology (MIT), professor at the Paris School of Economics, former chief economist and director of the IMF studies department (2008-2015)
Florence Pisani, chief economist of Candriam, teacher at Paris-Dauphine PSL University
Dan Ives, senior managing director at Yorkville Ives, specialist in financial analysis of the technology sector and artificial intelligence
Vincent Vicard, director of the international trade department of the French Institute of Economics (IFE)
Marcos Carias, economist at Coface (international credit insurance specialist for businesses) in charge of the North America region
MAJOR THEMES The cost of living, the main cause of the electoral disavowal Inflation and purchasing power were the main driving forces behind the sanction vote against Donald Trump. Despite the slowdown in inflation, prices remain high for American households. The rise in fuel prices, linked to geopolitical tensions and the war in Iran, also weighed on the vote. Tariffs have increased pressure on consumers, since their cost is largely passed on to American importers and buyers. Amanda Phalin highlights the gap between macroeconomic indicators and the daily lives of households: American growth, driven in particular by investments in artificial intelligence, does not directly benefit a majority of the population. “The cost of living remains the main concern of voters and even when inflation slows, prices remain high. »
Democrats face the challenge of purchasing power The new Democratic majority intends to make purchasing power its priority. She could seek to restore health insurance subsidies under the Affordable Care Act, reverse some cuts to Medicaid and restore federal food assistance. But his room for maneuver remains limited: Donald Trump retains his presidential veto and a large part of the executive prerogatives.
Machine-translated from French
Not cross-checked yet
Only RFI reports this story so far. We show it as a single source until another newsroom confirms it.
- RFI6 Nov, 19:16
| Publisher RFI (established tier) | +76 |
| Detailed summary | +2 |
| Total | 78 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.