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Trump's Midterm Rout Shakes Allies, Markets

The U.S. midterm elections delivered a crushing defeat to President Donald Trump's Republican Party, with Democrats seizing control of both the House and the Senate, according to the Korea Times. Trump acknowledged the prolonged war in Iran contributed to the losses, saying it was "largely true" that the conflict was the key factor, KBS World and the Korea Times report. The White House insisted Trump is "still your president" after the rout, while world leaders voiced hopes for a reset with the United States. In Korea, Prime Minister Han Seong-sook said she anticipates no big changes in the alliance with the U.S., but Seoul shares opened lower Thursday on concerns over tighter AI regulations under a Democratic Congress. Analysts say the Democratic sweep dims prospects for a Trump-Kim Jong-un summit, and Iran's supreme leader warned the Middle East war would widen if the U.S. resumes attacks. Korean media commentary urges Trump to heed voters' message, while Chinese experts doubt a lame-duck Trump would tame his risky foreign policy.

  1. World leaders hope for reset after US midterms Korea Times · 2026-11-05
  2. PM says sees no big change in alliance with US after Trump's election defeat Korea Times · 2026-11-05
  3. White House insists Trump is 'still your president' after midterm rout Korea Times · 2026-11-05
  4. Trump Admits Iran War Caused Republicans' Massive Midterm Loss KBS World · 2026-11-05
  5. Trump must heed US voters' message Korea Times · 2026-11-05
  6. Democratic sweep in US midterms dims prospects for Trump-Kim summit, analysts say Korea Times · 2026-11-04
  7. Trump says 'largely true' Iran war caused midterms loss Korea Times · 2026-11-05
  8. Seoul shares open lower on Democratic Party victory in US midterm elections Korea Times · 2026-11-05

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