Musk walks back from Trump’s rates by deriding to Lutnick’s attempt to explain the duties on the island of Penguin
Tesla and x boss Elon Musk He continued to take shots against Trump officials defend the new rates of the Presidentseeming to want to distance himself from the controversial policy that enhanced the world markets.
President Donald Trump The rates have wandered the global markets and the ultra rich like Musk have heard the blow. According to an analysis of the CNBC, Musk has lost just over $ 30 billion since Trump announced his rates. Sunday, Futures on stocks have decreased Through the three large indexes and analysts have foreseen that the US markets would open down on Monday.
That loss and continuous volatility can explain why Musk has made Trump official vase shots such as the secretary of the US trade Howard Lutnick and one of the architects of the President’s tariff plan, Peter Navarro.
On Sunday, Lutnick made the rounds of cable news and was questioned about why the Trump administration considered the need to slap the rates of 10 % on the Heard and McDonald islands, which are located off the coast of Antarctica and are inhabited only by the penguins.
Lutnick defended the move not only reasonable, but necessary, claiming that other countries would otherwise have tried to use places like the uninhabited islands to find a way to get around Trump rates.
“If you leave something out of the list, the countries that try to referee in America try to cross those countries to reach us,” Lutnick said during an appearance on the face of the CBS.
A user X shared the topic of Lutnick, who aroused an answer from Musk, who simply said “this is fun” together with a charming Emoji.
Previously, Musk had gone after Trump’s commercial tsar, Navarro.
On X, which Musk owns, he brought to Navarro, an economist educated in Harvard who recommends Trump on trade. Navarro, who was originally exploited for a place in the White House by Trump’s son -in -law, Jared Kushner, is the author of books on China and the economic threats that says the nation puts the United States
One User on X published a video from the CNN in which Navarro defends the rates, positively noting that Harvard went to Harvard. Musk has questioned this, calling it “a negative thing”.
“A Harvard Econ Doctoral is a negative thing, not a good thing,” he wrote. “Results in the ego/brain >> 1 problem.”
Another user replied, insisting on the fact that Navarro was right in his defense, but Musk rejected him and interrogated the economic experience of Navarro.
“He didn’t build S ***,” Musk wrote.
Saturday, Musk was not launching bombs against Trump officials, but clarified that he opposed the current commercial strategy of the Administration. During a video address published on X, Musk said he wanted to see the United States and Europe move to a “zero rates” situation.
“I hope it agrees that both Europe and the United States should, ideally, move in my opinion to a zero tariff situation … creating a free trade area,” he said. “This was certainly my advice for the president.”
As a question about those comments from the journalists of the Air Force One on Sunday evening, Trump said: “Europe made luck with the United States. Europe also had a huge surplus with the United States. Europe is a little smaller but they treated us very badly, China also has Europe. Europe has been very bad for us.”
The president continued to defend his tariff policy, even in the face of another market he slips on Monday.
THE Tesla The CEO was moving away from the commercial policy of the administration days after Trump would have told his inner circle – including his cabinet – that Musk will take a step back From his very public role as the head of the government’s efficiency department.
Trump said he wants to keep Musk active in the White House, but understands if the CEO feels the need to focus on his business.
Musk and Doge fueled a remarkable repercussions in the first months of the Trump presidency. Doge requested the shoot tens of thousands of federal workers and contract workers rely on federal agencies for their work. Has actually He closed some agenciesAND paralyzed the efficiency of others.
Saturday Protest “hands out” Against Musk and Trump they attracted thousands of demonstrators in the city of the whole country. Previously, the demonstrators took their signs for a Protest “Tesla Takedown” This was held in the Tesla offices at national level. Such was the direct fury to Musk that some people began Vandalizing and destroying the Tesla dealers and vehicles that Trump was forced to say that he would designate any targeting vandal for Musk’s company such as home terrorist.
In addition to attracting further criticism to the Trump campaign, there is some tests that Musk may have actually damaged the Republicans in an election. Musk was a vocal supporter of the candidacy of the County Circuit of Waukesha Brad Schimel for the Supreme Court of Wisconsin. Tesla’s CEO has spent at least 3 million dollars of his money in the race, e Groups that founded has spent other $ 19 millionaccording to the Associated Press. Musk even worn a cheese hat and distributed checks from millions of dollars to the voters who participated in the elections.
But Schimel lost 10 points In a sensational reproach to Musk.
While Trump has publicly supported Musk, it is also clear that the president does not plan to listen to the trade requests of the Tesla CEO. Trump doubled his tariff plan in a social post of Truth on Sunday.
“We have enormous financial deficits with China, the European Union and many others. The only way in which this problem can be treated is with rates, which are now bringing dozens of billions of dollars to the United States that are already in force and a beautiful thing to see,” wrote Trump. “The surplus with these countries grew during the” presidency “of Sleepy Joe Biden. We will make it reverse and invert it quickly. One day people will realize that the rates, for the United States of America, are a very beautiful thing!”
