Washington:
US President Donald Trump and his billionaire advisor Alone Musk do not seem to be on the same page about the widespread tariff of America, who sent shockwaves worldwide, fearing recession and a global trade war. Musk allegedly made a “personal appeal” to the President to reverse the new levy declared on Chinese imports, but to no avail.
According to a report by the Washington Post, Trump on Monday threatened by Trump’s efficiency department (DOGE) major “attempted intervention” to add 50 percent tariffs on imports from China to go with 34 percent taxes last week. The report stated that Musk also held a direct “private talks” with the President, hoping for him to bring back measures, but it “has not brought success till now”, the report has said in the report.
trouble in Paradise?
Meanwhile, Musk posted a video on X and indicated his disagreement with the Republican billionaire’s stance on tariffs, stating the heavenly orthodox economist Milton Freedman explained how international trade cooperation was good for economies.
In the video, Freedman postponed the benefits of global cooperation by breaking sources of materials going into a simple wooden pencil.
– Elon Musk (@elonmusk) 7 April, 2025
Earlier on Saturday, before Trump’s tariff came into effect, Musk told Italy’s Deputy Prime Minister Mateo Salvini that he wanted a “zero-tariff status” between the US and Europe. “At the end of the day, I hope that both Europe and the United States should ideally, in my view, should go to a zero-tariff position. It is definitely my advice to the President,” he said.
Electric Automker Tesla’s Chief Executive Officer (CEO) Musk has long opposed the tariff and believes that they are harmful to businesses, especially people such as their automobiles who see both the United States and China as a major manufacturing and consumer hub. During Trump’s first term as President, Musk filed a lawsuit, seeking China to turn tax on Tesla’s imports in the United States.
Musk has allegedly raised pressure to reverse the signs of Tesla’s falling demand in the global market, which is inspired by his part in politics. After Monday’s bloodshed on Wall Street, Tesla Stock closed at $ 233.29 per share, over 2.5 percent. So far this year, the stock has lost more than 38 percent of its value.
Over the weekend, before Trump’s new tariff came into effect, the Dogi chief also excluded the White House advisor responsible for Trump’s aggressive tariff scheme while ridiculing his educational background.
Musk retweeted a video from Navaro, saying, “A PhD from Harvard is a bad thing, not a good thing.”
Navaro has not yet commented on the issue. However, White House spokesman Karolin Lewit defended him and said, “The President has put a notable team of highly talented and experienced persons together that brings various ideas to the table, knowing that President Trump is the final decision producer.”
According to the Washington Post, a major administration marks the highest-profile disagreement between the President and one of his leading advisors, a major administration of the Musk with Trump on priority.
Musk, the world’s richest man, has spent around $ 290 million supporting Trump and his team in last year’s presidential elections, and in turn, he was assigned to lead the cost-cut-cut efforts of US Dogi service. Incidentally, Musk was expected to step down in administration a few weeks before disagreement.
However, this is not the first time he has disagreed with Trump’s colleagues and supporters. Earlier, he opposed other members of Trump’s coalition, such as on issues such as H1-B visa for skilled migrants and Dogi’s perspective for government expenditure.