[ad_1]
White House trade adviser Peter Navarro accused Elon Musk of prioritising Tesla’s profits over national policy, following the tech billionaire’s criticism of the Trump administration’s sweeping tariffs.Navarro downplayed any rift with Musk, but pointed out that the billionaire’s pushback on tariffs is self-serving, in an interview with Fox News.“Elon when he’s in his DOGE lane is great, but we understand what’s going on here. Elon sells cars. He’s simply protecting his own interests,” Navarro said.Navarro emphasised that although Tesla’s factories are located in the United States, including Texas, the company’s supply chain is globally dependent.“They get a lot of their content from China, Mexico, Japan and Taiwan and elsewhere,” he added.Musk slams Navarro’s economic credentialsThe spat escalated after Musk posted sharp criticism on X, targeting Navarro’s academic background.“A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains >>1 problem,” Musk wrote in response to a user defending Navarro’s views.Musk urges zero tariffs with EuropeSpeaking via video at a conference hosted by Italy’s right-wing League party, Musk suggested that the US and Europe should work toward eliminating tariffs altogether.“At the end of the day, I hope it’s agreed that both Europe and the United States should move ideally, in my view, to a zero tariff situation, effectively creating a free trade zone,” he told League leader Matteo Salvini.“If people wish to work in Europe or wish to work in North America, they should be allowed to do so in my view,” Musk added. “This has certainly been my advice to the president.”DOGE role in question as Musk’s status nears endMusk remains an influential figure in the Trump administration through his role at the Department of Government Efficiency (DOGE). His appointment as a special government employee is set to expire at the end of next month.Backdrop: Trump’s tariff blitzTrump’s sweeping new tariffs, announced during last week’s “Liberation Day” event, mark the largest US trade restrictions. A baseline 10% tariff took effect Saturday, with country-specific tariffs set to roll out this Wednesday.The move has rattled markets and triggered pushback from major US companies.
[ad_2]
Source link
Peter Navarro hits back at Elon Musk over tariff criticism: ‘Elon sells cars. He’s protecting his own interests’ | Today News
April 6, 2025
Read next
Yo Yo Honey Singh Documentary’s Music Supervisor on Labels, Budgets and Clearances
February 11, 2025
[ad_1] Music supervisor Alick Sethi (left) worked on Yo Yo Honey Singh’s Netflix documentary. Photos:…
3 min read
9 views
Kalki Koechlin opens up about the best and the worst part of being pregnant | Hindi Movie News – Times of India
February 7, 2024
[ad_1] Kalki Koechlin embraced motherhood for the first time when she welcomed her daughter Sappho with her…
2 min read
165 views
Somy Ali Is Zeenat Aman’s Surprise Ally On Live-In Relationships: “Brings Down Divorce Rates”
May 14, 2024
[ad_1] Somy Ali shared this image. (courtesy: realsomyali) New Delhi: Zeenat Aman’s statement in support…
2 min read
4 views
Ajay Devgn’s Famjam Pic Featuring Kajol, Nysa, Yug And Mother Veena Devgn
February 19, 2024
[ad_1] Ajay Devgn shared this image. (courtesy: AjayDevgn) New Delhi: Ajay Devgn shared a perfect famjam picture…
2 min read
14 views