According to reports from Politico, a U.S.-based political news website, and the South China Morning Post, in a blog program on April 4 local time, Ted Cruz, a Republican senator from Texas and considered as an intimate ally of former U.S. President Donald Trump, criticized that Trump's move to impose tariffs on multiple countries posed a "significant risk" to the U.S. economy and could lead to a "bloodbath" for Republicans in next year's midterm elections. As the U.S. stock market was experiencing a sharp decline, Cruz expressed his latest comments, stating that long-term trade tariffs would increase inflation and cause severe damage to the market. The economic impact might help Democrats regain control of the House of Representatives and even overturn the Senate, although he added that this possibility remained relatively small. "I see many Republicans instinctively defending the actions of the White House," Cruz said frankly, adding that he "disliked" tariffs. "If we impose tariffs everywhere, it will destroy American jobs and cause real harm to the U.S. economy." The report stated that Cruz, who described himself as the "most steadfast supporter" of Trump in the Senate, warned that Republicans were becoming increasingly uneasy about Trump's tariff measures and their potential impact on consumer prices, as well as the party's political future.

Ted Cruz, who described himself as the "most steadfast supporter" of Trump in the Senate. Politico News Network.

Trump signed an executive order regarding so-called "reciprocal tariffs" on April 2, announcing that the U.S. would impose a "minimum base tariff" of 10% on trading partners and impose higher tariffs on certain trading partners, causing significant market shocks worldwide. Cruz said that if other countries abandoned tariffs against the U.S. due to Trump's actions, it would be "good" as it would strengthen American agriculture and manufacturing. However, once other countries responded in kind—such as China—and Trump's tariffs remained in effect, it might be "bad" for the U.S. Cruz particularly emphasized the risks faced by the U.S. auto industry, which heavily relies on border trade with Mexico in Texas. He stated that executives from a major U.S. automaker said that Trump's tariffs would result in an average price increase of $4,500 per vehicle produced by the company, with prices potentially rising starting June this year due to supply chain delays. "If we enter a recession, especially a severe one, the Republicans may face a 'bloodbath' politically in 2026," Cruz warned. "The benefits may be great, but the risks may also be significant." This article is an exclusive contribution by Guancha Observation, and unauthorized reproduction is prohibited. Original source: https://www.toutiao.com/article/7489826570799039010/ Disclaimer: The views expressed in this article are solely those of the author. Welcome to express your attitude by voting at the bottom of the article.