Sen. Ted Cruz (R-TX) strongly supports President Donald Trump — not really about his tariffs .
Cruz, who in February conveyed optimism regarding the tariffs would not come into play whatsoever Still attempted to present a perspective supportive of Trump’s policies on Fox Business alongside former Trump advisor Larry Kudlow on Thursday, suggesting that the tariffs might merely serve as an initial move in negotiations aimed at making the whole global trading system operate more equitably.
Nevertheless, he admitted that the danger of Trump's policies causing an economic crash and placing a burden on consumers was quite significant.
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I believe assuming we'll maintain high tariffs indefinitely is unwise," Cruz stated. "Such an approach wouldn’t make for sound economic policies. Tariffs aren't something I support. As for the announcement from yesterday—only time will reveal over the coming one to three months how things unfold.
ALSO READ: "Not a lot I can accomplish": Republican senator ceases battle against Trump's tariffs
“If the impact of today’s announcement leads many of our global trade allies significantly decreasing the duties imposed on US products and services, and this results in the US government substantially reducing the duties introduced yesterday, then that would be an excellent development—beneficial for America,” he went on. “However, should the outcome instead prompt our trading partners to increase their duties, leading to higher tariffs globally, I believe that could harm America. Remember, tariffs function like a levy on consumers, and increasing such levies on Americans isn’t something I support. Therefore, my wish is for these new tariffs to be temporary measures aimed at pressuring countries worldwide to cut back on tariff rates.”
In general, Republican legislators aim to balance supporting their constituents—who often warn that the tariffs could adversely affect them, especially in regions that supported them—without directly opposing or upsetting President Trump. Senator Chuck Grassley (R-IA), hailing from a state that significantly exports food and would be disproportionately impacted by a trade war, proposed new legislation this week to address these concerns. limit Trump's tariff powers .
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