Trump's trade war with China could undermine GOP chances of holding the White House and Senate in 2020
Republicans have sat patiently with President Donald Trump on his tariff roller-coaster ride with China. Now they’re starting to feel queasy.
Most Republicans have resisted Trump’s protectionist tendencies for ideological reasons as well as for the hit to the economy and their own political fortunes. But they've made an exception on China given its economic rivalry with the United States. Now his tariff regime on Chinese, European and North American imports have reduced economic growth and increased household costs,Amid some talk by Trump of new tax cuts to juice the economy, his own political party is cool to the idea.
“An economy slowing could be a political threat. If you slow down to 1 percent going into the 2020 election, that’s the same thing as a recession politically,” said Douglas Holtz-Eakin, president of the center-right American Action Forum and a former CBO director. “You grow at 1.8 percent? You’re back to Obama territory. You can’t survive that.”
Any Trump-fueled economic drag will quickly fall on the at-risk GOP senators who hold the keys to the Senate majority. Susan Collins’ Maine has seen lobster sales to China“Everyone acknowledges that the economy is good, but they are still uneasy about their own circumstances,” said one Republican official working on Senate races. “I am nervous that people will lose their patience and want to start seeing results.
“It would be great to get USMCA done this year. But it would not at all surprise me if it happens in the next administration,” said Rep. Don Beyer . No firm decisions about the fall agenda have been made by GOP leaders. Collins said she’s personally asked Senate Majority Leader Mitch McConnell to make a bipartisan health care package a priority and turn the Senate’s focus toward legislation, rather than nominees.
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