I think the tariff issue has lots of challenges and risks but I am not sure mid-term elections is one of them. Even lots of democrats like tariffs and bringing back factory jobs. In the end there is never a good time to do root canals or tariffs.
I don’t like the tariffs China is putting on farm products, which could cost jobs and farm income in states like North Dakota. All the uncertainty could also slow down GDP growth and hiring, which gives ammo to the democrats to use in campaign ads. That’s why I’m concerned about the midterm elections. One of the reasons I posted this article was to get a read on how much support there is for tariffs. Looks like there’s much more support among conservative activists than I expected to see. That’s interesting and important politically, but corporate guys and institutional investors are really bothered by tariffs and trade disputes.