Trump Acknowledges Uncertainty Over Economic Gains Before 2026 Midterms
President Donald Trump told the Wall Street Journal that he is unsure whether the economic effects of his tariffs and tax measures will materialize in time to help Republicans retain control in the 2026 midterm elections, Reuters reports. The admission comes as the White House intensifies public outreach amid polls and consumer indicators showing rising anxiety about the economy, a development with consequences for domestic politics and international markets.

Reuters on Sunday summarized a Wall Street Journal interview in which President Donald Trump conceded that he is not certain the economic benefits of his administration’s signature policies will emerge quickly enough to affect voter sentiment ahead of the 2026 midterms. The account cites tariffs and tax measures among the policies whose effects Trump questioned would be timely for electoral benefit.
The disclosure comes as the White House mounts a concentrated public campaign to sell its economic agenda. Newsday reports the administration has convened a White House roundtable with farmers, hosted an open conversation with technology executives, and scheduled a campaign style rally in Pennsylvania as part of a week of appearances intended to persuade voters that prices are easing. Those events are intended to counter mounting signs of public unease about the cost of living and the broader economic outlook.
Local and national polling cited by CBS2Iowa and attributed to Fox News suggests negative public evaluations are increasing. The Fox News poll figures reported by CBS2Iowa find that 76 percent of voters now view the economy negatively, up from 67 percent in July and from 70 percent at the end of the previous administration. CBS2Iowa also reported that nearly twice as many respondents say Mr. Trump is responsible for the economy over President Biden and that three times as many say Trump’s policies have hurt them.
Critics and outside analysts warn that inconsistency in messaging risks undermining the administration’s effort to reclaim the economic narrative. Newsday quoted an individual identified as Schnur saying in a phone interview that the White House delivers a mixed message, adding that some days the president highlights progress on prices and other days he pursues political attacks unrelated to the economy. “He’s delivering his economic message with such inconsistency. Some days he talks about the progress that's being made, and his commitment to bringing down prices. Other days he’s focused on political attacks and other messages that have nothing to do with the economy. There's no way to predict whether he'd be more successful with his message if he delivered it more consistently,” Schnur said.

Chris Devine, an associate professor of political science at the University of Dayton, cautioned that overstating current strength could backfire on Republicans. “If the message is that things are actually going great and you should be thrilled with the economy currently, then that is going to fall flat. That will feel to people less like typical political spin and more like gaslighting,” Devine told CBS2Iowa.
Beyond the domestic politics, the uncertainty Mr. Trump acknowledged carries international implications. Tariffs and fiscal measures change price signals in global markets and can provoke retaliatory measures by trading partners, complicating supply chains and affecting inflation abroad. For allies and competitors alike, the question is whether temporary policy jolts will evolve into durable gains or simply shift costs among consumers, producers and foreign governments.
Reporting on this developing story will hinge on obtaining the full Wall Street Journal interview transcript and on independent verification of the poll methodologies cited by local outlets. For now the administration is pressing its case on the ground even as public opinion and experts warn that timing, coherence and international reaction will determine whether the economic message resonates at the ballot box.
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