Be under no illusion: last night’s midterm election results were a huge setback for Joe Biden and his party. The Democrats lost control of the House of Representatives and there is still a chance they will lose the Senate too. The scale of the Republican success was not as big as some polls had projected. But this was still a major blow for the U.S. President.

This is in many respects the beginning of the end of the Biden era. He now faces a dramatic loss of authority and influence on Capitol Hill, with his deeply unpopular Big Government vision effectively lying in ruins.

The American people have rejected the left-wing agenda of the Biden Presidency and its allies in Congress. They have had enough of soaring inflation, massive federal debts, open borders, soaring crime, and woke indoctrination in schools. Nearly 70 percent of Americans now believe the nation is heading down the wrong track, according to the latest RealClear Politics poll average.

As president, Biden has shamelessly kowtowed to the Left. He has increasingly been out of touch with U.S. voters. At its heart, the United States remains a conservative nation, with strong public support for low taxes, a limited role for the state, secure borders, school choice and parental control in the education system, as well as traditional cultural values.

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A weakened Biden is good news for the U.S. economy, which has been relentlessly dragged down by the White House’s refusal to rein in government spending. Conservative control of Congress should bring down inflation and also re-energise a sinking stock market, which has imperiled the retirement savings of tens of millions of Americans.

With his hands tied behind his back domestically, Biden may increasingly turn his attention to foreign policy, where he wields more executive power. He will likely renew his push for a revival of the disastrous Iran nuclear deal. He may also seek a dangerous rapprochement with both Communist China and Putin’s Russia, aligning U.S. policy more closely with that of his closest partners across the Atlantic: Germany and France.

Biden is at heart a quintessential Brussels-style politician, who believes that the world’s superpower should operate more like the EU on the world stage, with a greater emphasis on multilateralism and a distinct sympathy for supranationalism.

This is problematic for Great Britain and the Special Relationship. The Biden White House hates Brexit, and will continue to intervene over the Northern Ireland Protocol, issuing renewed threats over the future of a U.S./U.K. trade deal. The Prime Minister must be prepared to stand firm in his dealings with the Biden administration, and refuse to give in to intimidation over the Protocol, which is a sovereign matter for the United Kingdom.

Following last night’s results, we should anticipate an even angrier U.S. president, lashing out at his political opponents at home as the depth of his party’s defeat sinks in. His wings may have been clipped, but do not expect any humility from Mr. Biden in his dealings with the U.K. as he seeks to take on an increasingly prominent role on the international stage.