President Donald Trump called it “Liberation Day” on Wednesday as he unveiled reciprocal tariffs, but experts warn the move could create political challenges and economic hardships for his supporters if his promises to overhaul the economy fall short, Reuters reported.

Trump and his allies argue the tariffs will rejuvenate U.S. manufacturing, reshape supply chains, and bring production back to the U.S. However, experts say these goals could take years to achieve.

In the short term, consumers are likely to face higher prices, the economy may enter a downturn, and American allies could impose their own tariffs on U.S. products.

Trump has called these impacts a “disturbance,” but voters may not accept them as the midterm elections approach in 2026. Republicans, holding slim majorities in the House and Senate, could lose control of one or both chambers if tariffs lead to economic pain.

“He (Trump) has a high tolerance for pain, but it could turn into real pain at the ballot box (in) November 2026,” said Mike Dubke, a former communications director for Trump. “The concern here is what point are we going to see the benefits that he and his advisers believe we’re going to reap? Because he’s only got 18 months before the midterms.”

As a Candidate, Trump Promised Lower Prices for Americans

A Reuters/Ipsos poll found that 70% of Americans, including 62% of Republicans, believe tariffs will increase prices on goods like groceries. Economists caution that tariffs could hurt consumers and even push the economy into a recession.

Trump, who promised to lower prices as a candidate, said tariffs ranging from 34% on Chinese goods to 20% on European Union products would boost U.S. revenue and reduce national debt.

Read more at Reuters.