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GB News: [F’]Elon Musk’s brother launches extraordinary public attack on Donald Trump
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”.
…
“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.
Elon Musk’s brother launches extraordinary public attack on Donald Trump
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 retaliator…
Fox News: Trump Says U.S. Doesn’t Need Canada After All
So it was all just a bad dream?
Senility?
Dementia?
President Donald Trump appears to have had a change of heart about the United States taking over Canada, claiming that Americans “don’t need anything” from their northern neighbor.
Despite his repeated assertions that the sprawling, resource-rich country should become America’s 51st state, the president told reporters on Air Force One Sunday that the “golden age” is coming, sans Canada. “We have our own lumber and energy,” he said, referencing slated plans for levies on wood from north of the border. “We don’t need energy from Canada. We don’t need lumber from Canada. We don’t need anything from Canada. I believe this will be the golden age of America,” he added.
Last week, Trump spoke over the phone with the new Canadian prime minister, Mark Carney. Despite the ongoing trade war, the call was “very constructive,” Carney said. He added that Trump “respected Canada’s sovereignty” during the chat.
However, despite the apparent softening of hostilities, Trump launched the latest salvo in his trade war Wednesday, announcing a 25 percent tariff on auto imports beginning April 2.
Trump Says U.S. Doesn’t Need Canada After All
President Donald Trump appears to have had a change of heart about the United States taking over Canada, claiming that Americans “don’t need anything” from their northern neighbor. Despite his repeated assertions that the sprawling, resource-rich country should become America’s 51st state, the president told reporters on Air Force One Sunday that the “golden age” is coming, sans Canada. “We have our own lumber and energy,” he said, referencing…
Daily Mail: White House officials are quietly freaking out about Trump upcoming ‘Liberation Day’ tariff announcement
The mood inside the White House is verging on panic with just days to go before Donald Trump‘s ‘Liberation Day’ on April 2.
Trump is expected to unveil sweeping new tariffs on America’s global trading partners, but those tasked with implementing his agenda admit they’re uncertain.
Behind closed doors, top administration officials are deeply concerned, with many quietly admitting they’re unsure what the president is actually going to do.
‘No one knows what the f*** is going on,’ one White House ally close to Trump’s inner circle told Politico.
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But with less than a week to go, even the most basic details including which countries will be hit, at what rates, and for which goods, remain undecided or constantly shifting.
Alternet: Another dumb Trump move that’s not just a gross mistake | Opinion
In reality, slapping taxes on car parts imported from Canada and Mexico will hurt U.S. automakers harder than their competitors offshore because U.S. automakers have extensive operations in Canada and Mexico.
U.S. auto dealers have warned the Trump regime that tariffs will make cars less affordable to American consumers at a time when many Americans remain concerned about inflation.
Trump has waved away such concerns, insisting his tariffs will raise revenue — enabling him to lower taxes. The White House calculates that his tariffs could raise $100 billion annually. But the mere threat of such tariffs has erased more than $100 billion from the largest carmakers’ market capitalization in recent weeks.
Plus, as I’ve shown, his tariffs are a regressive tax that will be paid mostly by lower-income Americans, while his planned tax cuts will mostly benefit higher-income Americans.
The result: a huge hidden upward redistribution.
Another dumb Trump move that’s not just a gross mistake | Opinion
Trump said worldwide automobile taxes, er, tariffs, will come into effect next week, on April 3, alongside Trump’s so-called reciprocal tariffs, due April 2. The new 25 percent tariff will be applied to auto parts, as well. All other countries already face a 2.5 percent tariff on their passenger car exports to the United States and a 25 percent tar…
Another dumb Trump move that’s not just a gross mistake | Opinion