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Cruz: High tariffs ‘in perpetuity’ would not be good economic policy

  • Senator Ted Cruz warned that high tariffs could hurt U.S. Consumers, stating, "I don’t think that would be good economic policy."
  • Treasury Secretary Bessent cautioned that a 'detox period' is likely after President Trump's tariffs take effect, suggesting economic uncertainty.
  • Recent polls indicate that 69% of Americans believe tariffs will increase prices, reflecting widespread concern about Trump's tariff strategy.
  • Cruz expressed hope that tariffs could lead to global reductions, adding, "If the result is our trading partners jack up their tariffs...that is a bad outcome for America.
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Mediaite broke the news in United States on Thursday, April 3, 2025.
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