Senate Commerce Committee chair warns of major risks for U.S. economy, Republicans due to Trump's tariffs
Apr 05, 2025
Houston [Texas], April 5: Ted Cruz, chairman of the U.S. Senate Commerce Committee and a veteran Republican from Texas, warned on Friday that if countries and regions around the world respond with reciprocal tariffs while President Donald Trump's tariffs remain in place, that could be "terrible for America" and result in dramatic tax hike in a "long, long time."