Ted Cruz Warns Trump Tariffs Could Lead To a 'Bloodbath' For Republicans In Midterm Elections
www.latintimes.com
Ted Cruz warned that Trump's tariffs pose "enormous risks" to the U.S. economy and could be catastrophic for the GOP's electoral prospects next year

Summary

Ted Cruz warned that Trump’s tariffs could trigger a GOP “bloodbath” in the 2026 midterms, citing inflation and market fallout as major risks.

On his Verdict podcast, Cruz criticized tariffs as taxes on consumers and urged they be short-lived.

The S&P 500 and Nasdaq 100 plunged nearly 10% over two days. Senator Rand Paul and others echoed concerns, with Paul warning tariffs could add $5,000–$15,000 to car prices.

Senator Chuck Grassley has introduced a bill requiring congressional approval of tariffs within 60 days or automatic expiration.

    • ArtVandelay@lemmy.worldEnglish
      3·
      20 hours ago

      I’m imagining Trump’s tariffs as them taking the lid off the ark of the covenant, let’s hope it does to all the other Republican Nazis today what it did to the Nazis then.