Elon Musk begged Donald Trump to turn rates - here's what happened | Today news

Elon Musk made personal appeal to US President Donald Trump over the weekend, and urged him to reconsider the global rates announced last week, the Washington Post reported Tuesday with reference to two sources familiar with the case. However, the attempt was unsuccessful. The rates, which affect a broad series of allies, caused a global market route on Monday and erased trillions. Tensions between allies Musk’s break with Trump is a growing deviation between the president and one of his most influential supporters. In the last election cycle, Musk donated nearly $ 290 million to support Trump and Republican candidates and is currently leading the so -called Department of Government Efficiency (Doge), which aims to combat federal spending. Musk targeted Navarro on Saturday, Musk targeted Trump’s most important trade adviser Peter Navarro, the architect behind the tariff plan, and questioned his competence and credibility. “A PhD in Econ from Harvard is a bad thing, not a good thing,” Musk posted on X. His criticism increased on Tuesday morning after Navarro appeared on CNBC and rejected Musk as a mere ‘car meeting’. “Navarro is truly an idiot,” replies Musk online. “Tesla is the most vertically integrated car manufacturer in America with the highest percentage of US content,” he added before named Navarro ‘Dumber as a bag of bricks’. “Look, of course, it’s two individuals who have many different views on trade and rates,” Leavitt told reporters on Tuesday. “Boys will be boys and we will keep their public sparring. And you should all be very grateful that we have the most transparent administration in history. ‘ She also said the president “welcomes input from all sides.” Musk prints on free trade between SU ​​Europes in an interview with Italian Deputy Prime Minister Matteo Salvini this weekend, Musk laid out his vision for global trade and sharpened from Trump’s protectionist agenda. “At the end of the day, I hope that it was agreed that both Europe and the United States should move ideally, in my opinion, to a zero-tariff situation,” Musk said. “I want more freedom to move for people between countries in Europe and the United States and work in one of the two,” he added. “It was definitely my advice to the president.” Criticism of Trump’s Rates Trump’s aggressive trade policy has drawn broad condemnation – not just from business leaders such as Musk, but from economists, political opponents and some within his own party. Nevertheless, Trump doubled on Monday and threatened an extra 50% tariff on Chinese imports while leaving room for selective negotiations.