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

  • Senator Ted Cruz expressed concern over President Trump's tariff plan, stating that high tariffs should not last indefinitely and are not good economic policy.
  • Cruz warned that tariffs could lead to higher prices for American consumers if foreign countries retaliate with counter-tariffs.
  • Treasury Secretary Bessent mentioned a potential 'detox period' for Americans after Trump implements the tariffs, suggesting economic challenges ahead.
  • Polls show that about 60 percent of Americans are worried about the tariffs, while 69 percent believe tariffs will increase product prices.
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  • 48% of the sources lean Left
48% Left
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Mediaite broke the news in United States on Thursday, April 3, 2025.
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