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.
Nuuu, you can’t sabotage the midterms yet, Cruz isn’t running for election again until 2030. It’s the only way us Texas lefties are ever getting rid of him.