US midterms: 'Largely true' Iran war led to loss, Trump says

After Democrats won both the House and Senate in a blowout for Republicans, President Trump admitted fuel prices brought on by the Iran war impacted the outcome, but stuck by his decision. Relief in Europe, but also a warning not to celebrate too soon. Donald Trump has lost both chambers of Congress, yet he remains in charge of US foreign policy and retains significant power over trade.

DW News looks at the reaction from Europe and the markets, and ask whether a weakened Trump might become more predictable, or more confrontational. Donald Trump spoke about the outcome of the midterm elections to reporters at the construction site of the White House ballroom. He hailed the ballroom, which is being built after the East Wing of the White House was demolished, as a "structure the likes of which has never been seen anywhere." During the remarks, Trump was asked about Vice President JD Vance's post which blamed the Iran war for the midterm losses to the Democrats.

"I think it's largely true because it drove the gasoline up a little bit short term," Trump said.