It’s a dog-eat-dog world:
Elon Musk’s younger brother has launched an extraordinary public attack on Donald Trump after the President issued retaliatory tariffs on the world last week.
Kimbal Musk, 52 – a businessman and restaurateur – owns The Kitchen Restaurant Group and is a sitting board member of Tesla.
Now, Kimbal has hit out at Trump’s tariffs, deeming the retaliatory action a “structural, permanent tax on the American consumer”.
Taking his criticism one step further, he branded the Republican the “most high tax American President in generations”.
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“Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer.
“Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high and the tax on consumption will remain the form of higher prices because we are simply not as good at making all things,” he added.
