Even if Democrats win the midterms, Trump will not be "neutralized," says insurer Coface

Coface argues that even if Democrats win the midterm elections, Trump's governance will remain active, particularly in trade and foreign policy. The company anticipates economic slowdown in the U.S. and warns of potential legislative gridlock due to presidential veto power. This situation could lead to a technical default on the national debt and increased public debt interest rates. The ongoing Section 301 investigation into trade practices may also impact major trading partners like China and the EU. The paradox of the elections could limit Trump's domestic influence while enhancing his international actions.