Cruz warns: Trump's tariffs could plunge Republicans in 2026!
Cruz warns: Trump's tariffs could plunge Republicans in 2026!
USA - Senator Ted Cruz warns of the serious consequences of the customs measures announced by President Donald Trump, which could threaten the political and economic stability of the United States. Cruz predicts that a severe recession in 2026 could significantly hit the Republicans, especially in the upcoming congress elections that will take place in November 2026. According to OE24 could even lead such a scenario to a political bloodbath, the voters should withdraw their support in view of economic difficulties.
The Republicans are currently holding a narrow majority in the House of Representatives and the Senate. Cruz describes the upcoming week as one of the “most serious in all four years” by Trump's second term. He sees both buying incentives and considerable risks in Trump's customs package. He emphasizes that he is not a fan of tariffs, but warns that the international reaction to the measures could tighten the economic Situation. If countries with increased tariffs react to US products, according to Cruz, this would be "terrible for America", as he emphasizes in his statements.
From Tuesday, exports from Canada and Mexico will be punished with 25 percent after the new Trump tariffs, while the tariffs are doubled to Chinese goods to 20 percent. While the official confirmation of the tariffs is still pending, Canada and China have already announced retaliation. Canada plans to tariffs to US products worth $ 30 billion, which could increase to $ 155 billion within 21 days. For his part, China will introduce tariffs on US agricultural products, including chicken meat and soybeans. Germany could also affect Germany by 0.4 percent by 2026. The German automotive industry is facing major challenges due to rising tariffs to Mexican exports. Higher tariffs could consider the supply chains for cars and auto parts considerably. The Association of the Automotive Industry sharply criticizes the new Trump-Zölle because they could not only burden the US economy, but also heat inflation. Households in particular are particularly affected by the rising prices. In the event of a further escalation of the trade war, companies are under pressure to bring their production back to the USA to avoid tariffs. Financial practice Could check countermeasures should affect new tariffs of European goods. As Senator Cruz has already indicated, the managers in Washington know that the impending elections in 2026 are under the shadow of current economic uncertainties. Cruz appeals to his colleagues to take the risks of customs policy seriously in order to protect the political integrity of the Republicans. In his opinion, it is crucial to take proactive steps in order to secure economic stability and not to lose the trust of voters. The current situation illustrates how important it is to keep an eye on international trade relationships and to search for diplomatic solutions to avoid worse consequences. In the middle of this uncertainties, the focus is on the political and economic future of the United States while the congress elections are at the door. economic consequences of customs policy
political implications
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