politics @lemmy.worldEnglish · 8 days ago

Musk again distances himself from Trump tariffs by scoffing at Lutnick’s attempt to explain duties on penguin island

www.independent.co.uk

Musk again distances himself from Trump tariffs by scoffing at Lutnick’s attempt to explain duties on penguin island

www.independent.co.uk

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politics @lemmy.worldEnglish · 8 days ago

Musk again distances himself from Trump tariffs

www.independent.co.uk

Tesla and SpaceX boss has already taken shots at the president’s trade czar Peter Navarro and has since said he wants to see the U.S. and Europe move toward zero tariffs

Summary

Elon Musk distanced himself from Trump’s tariff policy, criticizing Commerce Secretary Howard Lutnick and trade adviser Peter Navarro.

CNBC reported Musk lost over $30bn since the tariffs were announced, amid stock market volatility and falling futures.

That financial hit may explain his sharp jabs at officials defending the policy. Musk advocated for a U.S.–EU “zero tariff” trade zone, diverging from Trump’s approach.

Meanwhile, protests against Musk and Trump escalated, and Musk’s political spending failed to sway key elections.

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8 days ago
TSLA has been a great source of joy recently.

politics @lemmy.world

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