Musk met with Trump and asked him to cancel new tariffs.
The billionaire bypassed the president’s advisers and appealed to the country’s leader directly, but all his appeals were in vain.
American billionaire Elon Musk asked US President Donald Trump to cancel new tariffs. This is reported by the Washington Post, citing two sources familiar with the situation.
Musk bypassed the president’s advisers and appealed to him personally. That attempt turned out to be in vain, because on Monday Trump threatened an additional 50% tariff on imports from China, adding to the already announced 34%.
At the same time, Musk published a video with Milton Friedman, who explains the value of global trade using the example of a simple pencil.
Musk earlier on Saturday, April 5, publicly attacked one of the main authors of Trump’s tariff policy, trade adviser Peter Navarro.
“A PhD in economics from Harvard is bad, not good,” he hinted at the economist’s alleged incompetence.
The White House responded through spokeswoman Caroline Leavitt.
“The president has assembled a great team… When he makes a decision, everyone is moving in the same direction to implement it,” the spokeswoman said.
Later, in an interview with Italian Deputy Prime Minister Matteo Salvini, Musk spoke about zero tariffs between the US and the EU.
“Ultimately, I hope that an agreement will be reached, and both Europe and the United States should ideally move to a situation with zero tariffs,” he said.
As we will recall, Bloomberg news agency reported that the fortune of American billionaire Elon Musk has fallen below $300 billion for the first time since November.
