Sen. Ted Cruz said he’s “not a fan” of the tariffs President Donald Trump imposed on imported goods this week because of the impact they may have on U.S. consumers.

“Tariffs are a tax on consumers, and I’m not a fan of jacking up taxes on American consumers,” the Texas Republican told Fox Business’ Larry Kudlow on Thursday. “So my hope is these tariffs are short-lived and they serve as leverage to lower tariffs across the globe.”

In his “Liberation Day” speech on Wednesday, Trump announced his administration would be imposing 10% tariffs on all U.S. imports, as well as reciprocal tariffs for countries he says engage in unfair trade practices with the United States. Targeted tariffs include 34% for China, 20% for the European Union, and 24% for Japan.

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