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Live Updates  >  Live Update Details

2025-12-15 09:19:02

[Trump Admits: Economic Achievements Unpredictable, Republican Midterm Election Prospects "Very Difficult"] 1. In an interview with the Wall Street Journal last Friday, US President Trump expressed uncertainty about whether the Republican Party could retain control of the House of Representatives in the 2026 midterm elections. He believes the effects of his economic policies, which have attracted massive investment, will take time to materialize, and historically, the party of an incumbent president is usually at a disadvantage in midterm elections. 2. Trump touted his policies as attracting hundreds of billions of dollars in investment for projects such as car factories and artificial intelligence, claiming he has built "the greatest economy in history," but he admitted he cannot predict whether these economic achievements will translate into votes next fall. He frankly stated, "I can't tell you (whether the Republicans will lose the House). I don't know when all this money will start to work." 3. Despite economic expansion, negative sentiment among the public is significant. Current sluggish job growth, a slight increase in the unemployment rate, and significant price increases for everyday goods such as coffee and beef have exacerbated voters' anxieties about the high cost of living. Polls show Trump's current low approval rating, and the losses of some Republican candidates in last month's crucial elections have raised concerns within the party about broader losses next year. 4. Trump blamed the previous administration for inflation and defended its use of tariffs as a core economic tool and negotiating bargaining chip. He revealed that if the Supreme Court ruled that the tariffs he imposed under the International Emergency Economic Powers Act were invalid, it would be "catastrophic" for the United States. He also stated that the government is considering taking stakes in more companies, including defense companies. 5. Looking ahead, Trump said he hopes interest rates will fall to 1% or lower within the next year and criticized the market's negative reaction to positive news. When asked if he would take a different approach, he said, "Generally speaking, no," but admitted regarding the election prospects: "We should win. But, you know, statistically speaking, winning is very difficult."

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