Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plungeTed Cruz, the US senator from Texas, has warned that his fellow Republicans risk a “bloodbath” in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs cause a recession.Cruz also warned that the president’s tariffs, if they stay in place for long and are met by global retaliation on American goods, could trigger a full-blown trade war that “would destroy jobs here at home, and do real damage to the US economy”. Continue reading…
Source link : https://www.theguardian.com/us-news/2025/apr/05/ted-cruz-midterm-trump-tariffs-recession
Author : Edward Helmore
Publish date : 2025-04-05 16:25:00
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Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession
