Fund Managers Worry Trump Might Be “Insane”

Senator Ted Cruz urged the president to make and take deals to lower tariffs, something the Trump administration has said it absolutely will not do.

“Take the deal, make deals, and actually work to lower tariffs,” Cruz said. “President Trump has the opportunity for the most extraordinary economic win for the American people right now by making a deal.… And I do wanna give a word of warning: There are voices in the administration that, rather than take a deal, are saying, ‘We want to have tariffs as a permanent feature of the economy.’ I think that’d be a mistake.”

Legendary right-wing shill Ben Shapiro also voiced his disagreement with Trump’s so-called “Liberation Day” tariffs, noting that the move was “probably” unconstitutional. “Trump’s reciprocal tariffs imposed hundreds of billions of dollars of new taxes on Americans. It’ll be the largest tax increase since the Revenue Act of 1968, one of the biggest tax increases on American consumers in the history of America. It’s gonna cost American consumers; it’s gonna cost American producers who use inputs from other countries,” Shapiro said on his podcast. “There are real world implications for this sort of stuff. Trade wars are in fact not good, and not easy to win, particularly if you don’t actually have a plan. It is predicated on a bad idea of how international trade works.”