Inflation won Trump the presidency, but could cost him the midterms
Donald Trump's inflationary policies may jeopardize Republican chances in the upcoming midterms. His approval ratings on handling the cost of living are significantly low, indicating voter dissatisfaction. Key issues include rising prices due to tariffs, increased health insurance costs, and the impact of the ongoing war in Iran.
- ▪Trump's approval rating on handling the cost of living is underwater by 42 percentage points.
- ▪Tariffs have reportedly boosted the price of durable goods by up to 3.8% in the past year.
- ▪Health insurance premiums have jumped 58% on average since the end of enhanced subsidies under the Affordable Care Act.
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What’s truly astonishing is how Trump seems willing to build a track record of inflationary policymaking. Composite: The Guardian/Getty ImagesView image in fullscreenWhat’s truly astonishing is how Trump seems willing to build a track record of inflationary policymaking. Composite: The Guardian/Getty ImagesInflationAnalysisInflation won Trump the presidency, but could cost him the midtermsEduardo PorterTrump’s pursuit of policies that drive up prices, including tariffs and war, might be punished in November’s electionsSat 30 May 2026 07.00 EDTLast modified on Sat 30 May 2026 07.02 EDTShareFor such an uncannily successful politician, Donald Trump exhibits a perplexing political myopia.
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