According to Jinse Finance, Republican Senator Ted Cruz, who has always firmly supported Trump, issued a warning about the U.S. government's increased tariffs, stating that this will pose a "huge risk" to the U.S. economy and could lead to a "devastating defeat" for the Republican Party in next year's midterm elections. In a podcast released on Friday, Cruz stated that long-term trade tariffs will drive up inflation and severely impact the market, and the related economic consequences could help the Democrats regain control of the House of Representatives, and even potentially flip the Senate to win a majority, although the odds are low.
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Republican Senator Cruz questions Trump's tariffs, warns of potential disastrous losses to the Democrats in the midterm elections.
According to Jinse Finance, Republican Senator Ted Cruz, who has always firmly supported Trump, issued a warning about the U.S. government's increased tariffs, stating that this will pose a "huge risk" to the U.S. economy and could lead to a "devastating defeat" for the Republican Party in next year's midterm elections. In a podcast released on Friday, Cruz stated that long-term trade tariffs will drive up inflation and severely impact the market, and the related economic consequences could help the Democrats regain control of the House of Representatives, and even potentially flip the Senate to win a majority, although the odds are low.