Ronak D. Desai

“more likely than it was before the election.”

Ronak D. Desai · said date not stated · reported 2026-11-11

Desai told CNBC that an announcement of a trade deal with India is more likely after the midterm election than before it.

“Congress will not hand him an affordability win, but a trade deal is one he can announce on his own,”

Ronak D. Desai · said date not stated · reported 2026-11-11

Desai told CNBC that Trump is unlikely to get affordability legislation from Congress but can announce a trade deal on his own authority.

“The election was a verdict on the cost of living, and tariffs are now a liability the President cannot defend on the numbers,”

Ronak D. Desai · said date not stated · reported 2026-11-11

Desai told CNBC that the midterm election results reflected voter concern about the cost of living and that Trump's tariff policies are now politically untenable.