“A bloodbath“ awaits the US Republican Party in the 2026 midterm elections. This was warned by Republican Senator Ted Cruz, quoted by the Financial Times.
According to him, this will happen if US President Donald Trump's tariffs cause a recession in the country. Cruz believes the US economy will suffer a terrible fate in a major trade war that could erupt if US tariffs and retaliatory tariffs from other countries continue for a long time.
Cruz warned that seeking a solution to the US economic problems would lead to a victory for the Republican Party's political opponents.
“You're going to face a Democratic House of Representatives and you might even face a Democratic Senate,“ Cruz said.
Earlier, the European Central Bank said that Trump's actions mark the beginning of the end of the era of free global trade.