'Elephant in the room': GOP insiders say Trump just 'compounded' difficulty of midterms [View all]

Source: Raw Story

April 9, 2025 9:22AM ET


As the markets fall sharply, President Donald Trump seems to be blissfully unaware of how this will cost the GOP financially during a Tuesday night fundraising dinner, according to a NOTUS report. "There was an elephant in the room: the roiling unease among some members of his party — and major donors — regarding the tariffs on the eve of their implementation," the article, which holds a double byline for Alex Roarty and Taylor Giorno, noted.

Their sources claimed, "They were aware of one major contributor who temporarily suspended all political giving because of the economic uncertainty related to the tariffs." With midterms on the minds of many, Roarty and Giorno noted concerns among the GOP are growing because, "Already this year, House GOP candidates were badly outraised in a pair of special elections, and most party strategists expected — even before the onset of the tariffs — that they would be at a financial disadvantage next November."

The pair went on to pen how the slim majority held by the GOP in the House could dwindle as, "Democrats have already aggressively targeted GOP lawmakers in both legislative bodies ahead of the midterm elections, arguing that Trump’s tariffs will hurt the economy. It’s a point Republican donors have also raised in recent days."

Their sources said, “'It’s a midterm. Fundraising was always going to be tricky,' said one GOP strategist who requested anonymity to speak candidly. 'And now you’re taking that baseline difficulty and compounding it with the tariffs.'”

Read more: https://www.rawstory.com/trump-tariffs-2671704953/