Elon Musk blasts Trump adviser over tariffs policy
Elon Musk sharply criticised Donald Trump's trade adviser, Peter Navarro, for implementing prohibitive tariffs. The billionaire labelled him "dumber than a sack of bricks." Musk is demanding the removal of tariffs between Europe and the United States, a stance that has sparked controversy among economists.
Elon Musk, known for his controversial statements, has this time focused his attention on Donald Trump's tariff policy. According to "The Washington Post," the billionaire expressed his dissatisfaction with the implementation of prohibitive tariffs, which he believes should be lifted between Europe and the United States.
Musk let loose
Musk did not hold back sharp words towards Peter Navarro, the president's trade adviser, saying that he "is truly a moron."
Navarro, defending the tariff policy, stated in an interview with Fox News that there are no fears of a recession in the United States because planned tax cuts will stimulate the economy. On Sunday, he declared that the owner of Tesla does not understand the mechanisms by which other countries "cheat" the United States in trade matters.
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He added that Musk does not manufacture cars but merely assembles them from imported parts, which he claims is an attempt to protect his own interests from tariffs.
However, many economists, including Larry Fink from BlackRock, express scepticism about these forecasts, fearing an increase in the budget deficit.
