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Recordings reveal Cruz ripping Trump, Vance to donors: Axios

Sen. Ted Cruz warned that Trump's tariffs risk causing a 30% drop in 401(k)s and a 10-20% rise in consumer prices, threatening Republican losses in 2026 midterms.

  • On Sunday, Axios revealed nearly 10-minute secret recordings from private donor meetings in early and mid-2025 where United States Senator Ted Cruz sharply criticized President Donald Trump's tariff strategy, warning of severe economic and political fallout; the clips were provided by an unidentified Republican source.
  • After the administration rolled out a 10% baseline reciprocal levy, successive punitive levies raised some US tariffs on Indian goods to 50%, unsettling markets and straining trade talks.
  • Speaking to wealthy GOP donors, United States Senator Ted Cruz warned that if 401s drop 30% and supermarket prices rise 10–20%, Republican congressional majorities will be lost in the 2026 midterm elections.
  • In a late-night phone call, United States Senator Ted Cruz said the discussion with President Donald Trump and other Republican senators 'did not go well' as Trump was 'yelling' and 'cursing,' responding with an expletive.
  • Sen. Cruz positioned himself as a traditional free-trade Republican, distancing from Vice President JD Vance and Tucker Carlson, though polling and betting data show low odds for his 2028 GOP nomination.
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Texas Senator Ted Cruz, who is considering a presidential candidate in 2028, has been critical of US President Donald Trump and his Vice-President JD Vance in private discussions with donors, according to internal recordings.

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The Siasat Daily broke the news in on Sunday, January 25, 2026.
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