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.
True, and a lot of damage would be done in that time too.
they are vultures, they are hoping enough damage is done where they can sitll grift and then they will swoop in.