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.

  • inclementimmigrant@lemmy.world
    link
    fedilink
    arrow-up
    29
    arrow-down
    2
    ·
    19 hours ago

    Again, Republicans are worried about their own jobs and power, not about any of the problems of the working American family, the average white fucking American family that voted for this btw.

    • FriendBesto@lemmy.ml
      link
      fedilink
      arrow-up
      3
      arrow-down
      14
      ·
      edit-2
      8 hours ago

      Although you are correct, this is no different than most Democrats, as well. I mean the Dems spent $10 million paying influencers on TikTok to vote for them. https://www.youtube.com/embed/JytdxpsJdLQ

      Also, to be fair, a large chunk of minorities, larger than last election’s, also voted for Trump. So take it easy there on the race blaming, unless you want to blame minorities, as well.

      Edit: Wow, lots of people in denial, I see.