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“The midterm elections on November 6 will be crucial for President Trump’s ability to govern in the next two years, especially on domestic issues,” Rabobank analysts argue.

Key quotes

“Consequently, President Trump’s actions in the near-term should be seen from a domestic perspective – more than usual – as he tries to preserve his ability to make domestic policy without compromising with the Democratic opposition.”

“However, foreign policy and trade policy remain the prerogative of the President, so he could  still continue his confrontational international course even if the Republicans lose the House or the Senate.”

“Meanwhile, as long as the Trump voters remain loyal to the President, the Republicans are likely to continue to successfully defend their president against Democratic attempts at impeachment & conviction because the 2/3 majority in the Senate that the Democrats will need to remove the President from office seems unlikely.”