Musk vs Navarro: Is the Trump team divided on tariffs? | Donald Trump News

US President Donald Trump has doubled Definition planuntil Markets All over the world.
However, the signs of divisions between Trump’s assistants appear with a major ally Elon Musk colliding openly with commercial advisor Peter Navarro on Saturday. Others also presented different novels.
Here’s more about what happened:
What happened between Musk and Navarro?
On Wednesday, Trump announced Comprehensive definitions Impact on most commercial partners in America. This was a great break from contracts from American commercial policy and sparked criticism and anxiety from economists and countries targeted by the Trump tariff.
In the aftermath, the three main stock indicators in the United States decreased by Jones Industrial, S&P 500 and NASDAQ – by more than 5 percent over the past week. This is the largest decrease in the stock market in the United States since 2020 during the Covid-19s.
Trump’s assistant for a long time and a senior management consultant for trade and manufacturing, Peter Navarro, defended the definitions in an interview with CNN on Thursday.
“The market will find a bottom,” Navarro said. As of Monday, Dow Jones reached 38314 before the start of trading.
After the X user posted a clip from Navarro speaking to CNN and alluded to the PhD, the Harvard University, Musk returned to the platform, which he owns.
“PhD in ECON from Harvard University is a bad thing, not a good thing,” as Music published.
The first stage of the new customs tariff – 10 percent of the shelves on countries including the United Kingdom, Australia, Argentina and the Kingdom of Saudi Arabia – Entered on saturday.
Trump’s upper fees Mutual definitions It is scheduled to enter into force on Wednesday against countries including China and India.
What did Musk say about the definitions of Europe?
The strike against Navarro was not the only musk comment on the customs tariff in recent days.
On Saturday, Musk-supervising the Ministry of Governmental efficiency (DOGE), which Trump, assigned to reduce government spending-on a conversation by Videolink with Italian Deputy Prime Minister Matteo Salvini, leader of the extremist league party.
During this conversation, Musk expressed his hopes “Hot Zero Place” Between the United States and Europe, even with Trump imposing 20 percent on the European Union.
Musk said: “I hope that it will be agreed that both Europe and the United States should move perfectly, in my opinion, to a zero position, which creates effectively a free trade zone between Europe and North America.”
Musk – the richest man in the world, the CEO of Spacex and Tesla and the largest shareholder in both companies – witnessed that his companies form sets in recent weeks. In Europe alone, Tesla sales decreased 49 percent In January and February, compared to the same month in 2024, according to a report issued on March 25, published by the European Automobile Manufacturers Association.
Tesla share price Also stumbled. It is about half of what it was in December.
How did Navarro respond?
In an interview with Fox News on Sunday, Navarro responded to Musk’s comments about the tariffs in Europe.
“It was interesting to hear Elon Musk talking about a zero region with Europe. He does not understand it,” Navarro said.
“The thing that I think is important about Elon to understand is that he sells cars. That’s what he does,” Navarro added, indicating that Musk’s comments on the definitions were related to his commercial interests.
What did Musk say earlier about the definitions?
Last month, Tesla warned the United States government that the customs tariff could harm electric car companies when the Trump tariff targets impose its fees on American products.
In a message that is not signed to the American commercial actor, Jameson Jarir, Tesla said: “American exporters are subjected to their nature to non -proportional effects when other countries respond to American business.”
The company added: “The previous commercial measures by the United States led to immediate reactions by the target countries, including increasing the customs tariffs on electric cars imported to those countries.”
On March 26, Trump imposed a 25 percent tariff on car imports and some car parts.
In response, Musk wrote on X: “It is important to note that Tesla was not asked here. The effect of the tariff on Tesla is still important.”
Are there other signs of divisions within Team Trump?
The Minister of Commerce Howard Lottenic told CBS News on Sunday that the basic definitions of 10 percent “will remain in place for several days and weeks” and that the highest mutual definitions will be in effect.
However, on the same day, Treasury Secretary Scott Bessent told NBC to the press More than 50 countries I arrived in Washington for negotiations to reduce the fees. He said in response to the market accidents: “The market is constantly reducing Donald Trump,” he said in response to the market accidents.
Also on Sunday, he asked CNN Jake Taber, Minister of Agriculture, Brock Rollins, whether the definitions are here to remain like Trump and Liotnick. Rollins did not directly answer this question.
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2025-04-07 11:21:00