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Martin Wolf on the US midterms: What’s at stake for the world?

October 24, 2026
Martin Wolf on the US midterms: What’s at stake for the world?

As Americans prepare to vote in the November 3 midterm elections, FT chief economics commentator Martin Wolf asks what the result will mean for Donald Trump, the future of US democracy and America's place in the world. In the second of a six-part series of interviews with leading historians and political analysts, Martin speaks to Pulitzer Prize-winning historian and author Anne Applebaum about the global stakes of November’s elections. They discuss the parallels between Trump’s America and other authoritarian regimes and what the US’s changing role means for Europe and Ukraine. Even if Trump suffers a political setback, can the US ever regain the trust of its allies?


To enjoy future episodes, be sure to subscribe to ‘Martin Wolf on the World’ wherever you get your podcasts. You can also watch Martin’s podcast series on the FT’s YouTube channel here: https://www.youtube.com/@FinancialTimes


Host: Martin Wolf

Producer: Mischa Frankl-Duval

Senior producer: Laurence Knight

Executive producer: Manuela Saragosa

Video editor: Claire Justin

Senior Audio Engineer: Breen Turner

Broadcast engineers: Andrew Georgiadis

Podcast development: Laura Clarke

FT Global Head of Audio: Flo Phillips


Learn more at www.ft.com/martin-wolf-on-the-world


Read a transcript of this episode on FT.com


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