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Republican Senator Ted Cruz, who has always been a staunch supporter of Trump, warned against the government's move to increase tariffs, saying it would pose a “huge risk” to the US economy and could cause the Republican Party to face a “fiasco” in next year's midterm elections. Cruz said that long-term trade tariffs will drive up inflation and have a serious impact on the market. The relevant economic consequences may help the Democratic Party regain the House of Representatives, and may even reverse the Senate to gain majority position, although the probability is small.

Zhitongcaijing·04/04/2025 22:17:02
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Republican Senator Ted Cruz, who has always been a staunch supporter of Trump, warned against the government's move to increase tariffs, saying it would pose a “huge risk” to the US economy and could cause the Republican Party to face a “fiasco” in next year's midterm elections. Cruz said that long-term trade tariffs will drive up inflation and have a serious impact on the market. The relevant economic consequences may help the Democratic Party regain the House of Representatives, and may even reverse the Senate to gain majority position, although the probability is small.