Republican Senator Ted Cruz has warned of a potential “crooked hole” for his party in the 2026 elections, as the tariffs of American President Donald Trump will negatively impact the US economy.
This is reported by RBC-Ukraine via the Financial Times.
Cruz also transferred a “greedy” share to the US economy, since the full-scale trade war is no longer in full swing, and any kind of daily access to American goods will be introduced, which will be out of power forever.
Cruz's comments on the Verdict podcast on Friday were the worst from a party member of the president since Trump's administration, which precipitated a global crisis in markets.
“If Trump’s tariffs and any vengeful plans are set to go into effect for a long time and lead to a recession, especially an important recession, then 2026 will politically, emotionally, be a “crooked path.” “You’ll get in touch with a Democratic House, and maybe with a Democratic Senate,” Cruz said.
It appears that Republican legislators have begun to worry about the influx of Trump's tariffs on the economy and the prospects for their parties to retain control of both houses of Congress in the 2026 midterm elections.
Their fears intensified as Americans witnessed how nearly $5.4 trillion in market capitalization had disappeared during the two-hour collapse on Wall Street.
For days, Republican Chuck Grassley introduced a bill in the Senate with a Democrat to restore Congressional control over tariff policy. According to the proposed law, the new tariffs will be enforced after 60 days unless Congress approves them, and will be a mechanism for legislators to negotiate tariffs at any time.
Support for this bill grew yesterday, the 4th quarter, when Republican senators Lisa Murkowski, Mitch McConnell, Jerry Moran and Tom Tillis signed on as co-sponsors.
This means that this bill is likely more symbolic, less practical, but indicates growing divisions in the middle of the Republican Party, some legislators boast To avoid the influx of trade policy on voters who are lying idle from exports, and on the chances of re-election.
New meeting with Trump
We can guess what year American President Donald Trump introduced new tariffs on imports of goods from all parts of the world. The smells vary from 10% to 50% depending on the country that imports the products.
Zokrem, a 10% tariff has been established for Ukraine.
For more details about the consequences for the world economy that can be changed and how other countries react to them, read the materials of RBC-Ukraine.
Please note that if Trump imposes new tariffs on the import of goods from different countries, he will not miss the deserted islands where penguins procrastinate.
Read terminology and important information about the war between Russia and Ukraine on the RBC-Ukraine channel on Telegram.