In a Senate hearing, the Texas Republican pushed back on concerns over the sharp decline in global financial markets that the tariffs have set off.
WASHINGTON — U.S. Sen. John Cornyn on Tuesday defended President Donald Trump ’s mounting global tariffs, saying “unfair trading practices have resulted in the deindustrialization of America .” In a Senate hearing with U.
S. Trade Representative Jamieson Greer, the Texas Republican pushed back on Democrats’ and some Republicans’ concerns over the sharp decline in global financial markets the tariffs have set off. READ MORE: Texas farmers warn Trump’s new tariffs are 'bad for business,' while oil and gas excluded “I find it interesting that people express surprise at President Trump’s policies, when he’s been talking about these policies for — best I can tell — for decades,” Cornyn said. Long an advocate of free trade policies, he went on to describe how the United States had “exported manufacturing to Asia” and that Australian trade policy left Texas cattle ranchers unable to export there even as the United States imports Australian beef. That stands in contrast to concerns expressed by some Senate Republicans, including U.S. Sen. Ted Cruz of Texas, who in a podcast released this weekend said Trump’s tariffs would result in a trade war that “would destroy jobs here at home and do real damage to the U.S. economy.” “If we go into a recession, particularly a bad recession, 2026, in all likelihood politically would be a bloodbath,” Cruz said, referring to the upcoming midterm elections. “You would face a Democrat House and you might even face a Democrat Senate.” During Tuesday’s hearing, other Republican senators expressed concern about the financial impact on Americans and questioned Greer on issues like whether the administration had a timeline for getting trade deals worked out to end the tariffs. Greer said there was no timeline, but noted that close to 50 countries, including Vietnam and India, had reached out to the administration to try and work out a deal to stop the tariffs. “Our message to these countries is if you have a better idea to reduce the trade deficit, come to us,” he said. Overall, GOP senators were largely supportive of the administration, with U.S. Sen. Mike Crapo of Idaho, the Republican chairman of the Senate Finance Committee, saying U.S. trading partners had “deployed tariffs that have gone unchallenged for too long.” “We will enforce our rights and negotiate again and expand opportunities for Americans,” he said.
Republican Senate Finance Committee House John Cornyn Jamieson Greer Mike Crapo Ted Cruz Democrats U.S. Texas America Australian Asia India Idaho Vietnam Trump
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas Senator John Cornyn discusses fentanyl battle, recession concerns during interview with KSATFentanyl, tax cuts and a possible recession are all things you’ve probably discussed with your family. That’s why KSAT took your concerns directly to Texas Senator John Cornyn.
Read more »
Ken Paxton still hasn't decided if he'll run against John CornynTexas Attorney General Ken Paxton is talking like he wants to take on U.S. Sen. John Cornyn in a GOP primary, but he’s still not ready to pull the trigger.
Read more »
John Cornyn calls Democrats ‘unteachable’ amid Tesla vandalismPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
John Cornyn faces a dilemma on Russia and President TrumpThe Texas senator is testing how far Republicans can go in questioning the motives of Vladimir Putin, for whom Trump has expressed admiration.
Read more »
Sen. John Cornyn officially launches reelection campaignSen. John Cornyn officially announced he would seek reelection to the Senate Wednesday.
Read more »
John Cornyn leans into pro-Donald Trump campaign messageU.S. Sen. John Cornyn kicked off his re-election campaign with a message focused on his support of President Donald Trump.
Read more »