Who would have thought that Trump was actually …, says Angry Kimbal Musk, Elon Musk’s brother
[ad_1] Elon Musk’s younger brother Kimbal Musk has criticised US President Donald Trump’s tariff policies, labeling them a “structural, permanent tax on the American consumer”. In a post on X (formerly Twitter), Kimbal Musk also cast doubt on consumption and employment generation due to higher taxes.“Who would have thought that Trump was actually the most high tax American President in generations. Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer,” Kimbal Musk wrote, expressing concern over the long-term economic impact of the tariffs.Kimbal Musk says tariffs mean less consumption, less jobsKimbal Musk says higher prices due to tariffs reduce consumers' purchasing power. They will likely buy less of certain goods and services because they are more expensive. When consumers buy less, businesses may see a decrease in demand for their products, leading to reduced […]