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.

  • givesomefucks@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    edit-2
    19 days ago

    7% is the stop, it was 6.something Friday and maybe even Thursday too.

    Quick edit:

    7% across the board, there’s no individual halt for specific sticks.