Democrats Poll Better for Senate, Trump Rethinks TPP
The Republican majority in the Senate is no longer safe. The president may be changing his mind on trade.
The conventional wisdom in the United States is that Democrats are likely to take control of the House of Representatives in November while Republicans are likely to defend their majority in the Senate.
That’s changing, according to FiveThirtyEight.
Democrats are polling better in Arizona and Tennessee. Ted Cruz is still likely to win reelection in Texas, but Democrat Beto O’Rourke is mounting a serious challenge.
In Florida, it’s the other way around. The candidacy of Republican governor Rick Scott is making Democrat Bill Nelson’s reelection a little less likely.
For more, read my story from February.
Trump rethinks TPP
President Donald Trump is reportedly reconsidering his decision to pull out of the Trans Pacific Partnership now that the trade pact is continuing without him.
Bloomberg is optimistic, writing that the plight of farmers might convince Trump to return to the treaty:
Farmers face retaliation from China if the US goes ahead with the tariffs it has threatened on Chinese goods. They’d gain a lot from the lower tariffs mandated by TPP, especially in the long-protected Japanese market. Liberal trade has benefits for the US after all. Who knew?
Bloomberg also points out, though, that none of the potential gains of TPP moved Trump a year ago. So let’s not get our hopes up.
For more, read my editorial from last year: Trump blunders by withdrawing from Trans Pacific Partnership.