Categories: Business

Trump’s sales advisor Peter Navarro claims “ rift ” after the billionaire attacks against X

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Trump’s sales advisor Peter Navarro denied Sunday that he was fighting over with billionaire Elon Musk on President Donald Trump’s radical rates after the billionaire attacked Navarro on X for defending them, as a musk – normally from Trump’s public cheerlead on the stock market.

Key facts

Musk responded early Saturday to a video on X of Navarro defending how the Trump administration calculated its prices on the goods of various countries, suggesting that the “doctorate of the commercial adviser in Harvard is a bad thing, not a good thing”, and by responding to another user defending Navarro by saying that the official of Trump “is not built”.

The billionaire also responded “YUP” to an article citing economist Thomas Sowell, who said: “In each catastrophe in American history, there is always a man from Harvard in the middle of it.”

Navarro was asked about Fox News on Sunday on Musk’s comments and if there is a “rift” between him and the billionaire, to whom Navarro replied: “It’s good, there is no rift here.”

“Elon, when in his Doge Lane, is great,” said Navarro, but argued that the billionaire “sells cars” and “simply protects his own interest” by opposing him and Trump’s prices, “like any businessman.”

Musk’s comments on Navarro came while the billionaire had largely remained outside the conversation on Trump’s prices, although he said on Saturday that he wanted the United States and Europe to move to a zero prices system, after Trump has imposed a 20% tariff rate on the European Union.

Crucial quote

“We don’t mind say what he wants,” Navarro told Fox News about Musk criticized him. “We understand what it is and that’s good. It’s good”

How did Trump’s prices affect Elon Musk?

Musk caused billions of people to flow on its net value in the wake of Trump’s pricing announcement, although Forbes still appreciates the billionaire as the richest person in the world, with an estimated net value of $ 362.5 billion on Sunday. Tesla’s stock dropped by 14% between Trump’s pricing announcement on Wednesday evening and Friday afternoon, and the billionaire previously recognized in March that even if his automotive company has more American manufacturing than other competitors, “the Tesla tariff impact is still important.” SpaceX’s shares, led by Musk, also decreased by 12% last week, according to an opinion, a supplier of data on the secondary market, while the company supplies in Taiwan, Vietnam and Thailand, which have all been touched by Trump’s tariffs.

Will Elon Musk leave the Trump administration?

Musk’s comments apparently opposing Trump’s prices also come, because the president would have suggested that Musk could soon leave his post in the White House, after Musk had a large influence on the executive branch as an employee of the special government. Under this designation, Musk can only work in the White House for 130 days within 365 days, although CBS News notes that it is still unclear whether or not it includes weekends – which would be the difference between the fact that Musk must leave by the end of May or the end of July. Trump told journalists on Thursday that Musk “will want to return to his business” and leave the White House “in a few months”, how the president’s office “the secretaries will take over”. Vice-president JD Vance said that Musk will remain “friend and advisor” after leaving his official role, and that the Musk of the Ministry of Effectiveness of the Government now leads even after the billionaire’s departure.

Key

Trump launched radical prices on almost all countries on Wednesday, implementing a long -standing campaign promise despite generalized warnings from economists that it would increase the prices of American consumers and harm the economy. Actions dropped following Trump’s announcement and economic experts warned that prices could trigger a recession. The automotive industry was among the hardest, with 25% prices on imported cars and trucks that take effect last week. Although he avoided the spotlight on the prices, Musk and Doge have directed generalized reductions in federal spending and the federal workforce that attracted significant controversy. Surveys show that Americans have largely negative views of Musk, and Tesla’s actions fell before Trump’s prices even in the midst of national demonstrations against society and acts of vandalism against Tesla vehicles. Musk’s government work had otherwise been considered a boon of its companies, which receive millions of dollars in government contracts and faced many government surveys before Trump took office.

Upon reading

ForbesElon Musk remains silent on prices while Tesla Nosedive continues
ForbesMusk calls on the United States and the European Union to move on to the zero-tail system

ForbesIs Musk out? Trump would have said – here’s what we know

remon Buul

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