SignalGeopolitics
TRUMP FAILS TO CHANGE ECONOMIC HEADWINDS FACING GOP CANDIDATES
Trump's failure to alter economic headwinds threatens GOP candidates.
Context
What happened: High gas, diesel and food prices are expected to stay elevated through Election Day, creating a political headwind for Republicans. Trump's diesel deal with Russia and his invocation of the Defense Production Act are seen as unlikely to lower prices before the vote.
Key numbers: Diesel averaged $6.28
Why it matters: Economists and a Republican strategist say prices are unlikely to fall before Nov. 3, and rising gas prices could be a tiebreaker in close races. Democrats have a chance to capture Senate seats in Republican-leaning states such as Alaska, Iowa, Kansas and Texas.
What changed
High gas, diesel and food prices are expected to stay elevated through Election Day, creating a political headwind for Republicans. Trump's diesel deal with Russia and his invocation of the Defense Production Act are seen as unlikely to lower prices before the vote.
Why it matters
Economists and a Republican strategist say prices are unlikely to fall before Nov. 3, and rising gas prices could be a tiebreaker in close races. Democrats have a chance to capture Senate seats in Republican-leaning states such as Alaska, Iowa, Kansas and Texas.