Elon Musk, Donald Trump on the opposite side of tariff policies star-news.press/wp

In this story
There could be problems in paradise for President Donald Trump and Elon Musk, one of the most visible and most influential advisors of the President.
Musk, in recent days has criticized The universal and reciprocal heading plan of the Administration of the Trump and complained to the President to walk charges duties. Two sources said Washington Post This musk personally tried the Tariff appeal in Trump – but was not unsuccessful in the change of the President’s mind.
This is the highest disagreement between the president and Tesla (Tsla+ 6.80%) The General Manager, who made near $ 290 million in the selection of Trump and other Republicans in the election cycle from 2024. years and leading the Department of Government Efficiency (Doge).
The presidential tariffs created the trade war and separated the US from the rest of the global economy almost overnight. The Trump plan imposes a tariff of 10% in all countries and revenues of a larger individual reciprocal tariff on the countries with which the United States has the largest trading deficit. The Universal Tariff has entered into force on Saturday, while reciprocal tariffs will be implemented on 9. April.
Musk published a video economist Milton Friedman on Monday and explaining free trade policies. And over the weekend, through the videos on the political rally with the right-handed Italian vice president of Matteo Salva, as a musk, “ideally,” Ideally “,” it’s certainly my advice. “
Trump policies were stabbed by a tariff of 20% on all European imports.
Also musk Criticized Trump’s top trade advisorPeter Navarro, who is believed to be largely responsible for tariff policies, at its Social Media X (Earlier Twitter). Teslie director wrote that he was a doctorate in the Harvard economy, which Navarro has “, a bad thing, is not a good thing.” And in a deleted post, the director Tesla wrote the administration adviser to the administration, “did not build Sh-.”
Navarro then went to CNBC (CMCSA+ 2.24%) I Fox News (Fear+ 3.39%) To hit him in musk, calling him “Assembler” Assembler “and” suggests billionaire is upset with these plans, because his company uses parts from countries, including Mexico, China, Japan and Taiwan.
“The President compiled a remarkable team of highly talented and experienced individuals that bring the table, knowing that President Trump is the largest decision maker,” said the secretary of white house Karolina Leavitt Karolina Leavt in the statement. “When it makes a decision that all the order in the same direction to be carried out. That is why this administration has done more in two months from the previous administrator in four years.”
Tesline stocks continue to hit the news about Trump Tariffs hard. Stocks of car manufacturers closed $ 233.29 per share on Monday, more than 2.5%. According to the Bloomberg billionhouse index, musk lost almost $ 3 billion from the Trump Tariff announcement. Tesla has already seen reduced demand, largely in muscle foil in politics. The stock has lost more than 38% of their value this year.
This is not the first time that musk disagrees with Trump, but it is the largest of the rascal between the two figures. The Tesla director previously agreed with Trump administration on issues related to H1-B visas for “qualified” governments, and 500 billion ventures involved in the United States to build data in the USA
Musks also seemingly opposed the tariffs in Trump’s first term. Tesla is 2020. filed a lawsuit over the heads of the administration in China. But musk walked a suit, because, According to Washington PostRight accounts on what was Twitter then he said he was going against the Trump Agenda “America first” trying to come to the good side of the Chinese government.
Other superior American business leaders went out against Trump Tariffs. One group created a coalition that will lobby members of the current administration for moderate trade policies, According to New York Times. Bilonionaire Manager Hedge-Fund Bill Ackman called on a tariff break of 90 days, so now they could negotiate details with other countries, saying that the alternative was “self-built, economic nuclear winter. And JPMorgan Chase (Jpm+ 5.61%) Jamie Dimon It sounded alarm At Trump Tariffs in his annual letter to shareholders.
2025-04-08 14:24:00
 
				


