Exclusive: Hudson says Trump won't sink GOP in Midterms

President Trump's comment that he doesn't "care" about midterms has been misinterpreted, National Republican Congressional Committee, chairman Rep. Richard Hudson said Tuesday at Axios AM Live.

Why it matters: The president's war in Iran has jacked up prices, and there is growing concern that his unfulfilled promise to address cost-of-living issues could cost Republicans the Senate and the House.

What he's saying: "President Trump cares deeply," Hudson told Axios' Kate Santaliz on Tuesday.

• "The world is safer because of what President Trump has done in Iran. And so, you know, that was the context. The context wasn't that he doesn't care what people are going through."
• "You know, he and I have conversations all the time about it. He cares deeply about what people are going through."

Catch up quick: Trump said last month during a Cabinet meeting that he does not "care about the midterms," saying Iran is mistaken if it believes he will back down or reach a deal because of domestic pressure.

• "They thought they were going to out-wait me, you know. 'We'll out-wait him. He's got the midterms.' I don't care about the midterms," Trump said.
• The comment followed a previous Trump remark that Americans' economic hardships don't concern him either: "I don't think about Americans' financial situation. I don't think about anybody. I think about one thing: We cannot let Iran have a nuclear weapon."

Zoom in: Research from polling firm AtlasIntel last month found that Democrats lead the generic House ballot 55% to 40%.

• Dems also came out on top on every major economic issued tested, including the cost of living and the economy.

Go deeper: Primaries leave muddled picture of Dems' way ahead