Come January, Democrats will control both chambers of Congress. The final margins will not be known until the remaining House and Senate races are called, but Democrats won overwhelmingly. Several issues moved voters, but trade and tariffs were a major animating force. In the NBC News exit poll, which surveyed nearly 80,000 voters, 65 percent said President Trump’s tariff policies hurt the national economy, while a mere 22 percent believed they helped.
The warning signs were there well before Election Day. An August Cato Institute/Morning Consult survey of more than 4,100 registered voters found that 75 percent said tariffs would matter in their midterm vote, and those voters preferred Democratic congressional candidates by 19 percentage points, 55 percent to 36 percent. Meanwhile, 74 percent said the president’s tariffs had raised prices at the checkout counter, including two-thirds of Republicans. Democratic House campaigns spent more than $58 million on ads attacking tariffs, according to a Wall Street Journal analysis; Republicans spent nothing defending them. President Trump once called “tariff” the most beautiful word in the dictionary, but as the Journal’s Greg Ip recently observed, he “has somehow made it one of the most hated words in politics.”