If the latter happens, the Democrats in the Senate would effectively be able to block Trump’s entire agenda. Alternatively, Trump would need the support of eight Democrats to get 60 votes to end a filibuster. That isn’t likely to happen.

The president can achieve some things with an executive order, assuming the Supreme Court doesn’t step in. But broader policies like infrastructure development won’t get passed without congressional support.

That battleground will be within the Republican Party in the Senate. The result will depend on whether Trump’s approval ratings increase above 37%. Just holding there won’t do it, as that number has been “Death Valley” for other presidencies… although we have no way to benchmark a presidency that starts at this level.

George Friedman is editor of Mauldin Economics' This Week In Geopolitics.

This article was originally published at Mauldin Economics.

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