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Trump Tariffs Boost Prices, Weigh on GOP Midterms

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Tariffs Hurt GOP
  • President Donald Trump held a rally in Clarksville, Tennessee on Oct. 11, 2026, urging voters to back candidates in the Nov. 3 midterms.
  • Analysts say Trump’s tariffs have lifted consumer prices and spurred manufacturing layoffs, making the issue a liability for Republican candidates.
  • NBC News polls showed Trump at 38% approval and 59% disapproval in early October 2026.
  • NY Fed said tariffs lifted prices of 67 consumer goods by 2.9 points by Feb. 2026.
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