tzongocu on Nostr: 📰 News Alert... 🔖 Title: Kimbal Musk Critiques Trump's Tariffs as a Consumer ...

📰 News Alert...

🔖 Title: Kimbal Musk Critiques Trump's Tariffs as a Consumer Tax
🗓️ Published: 2025-04-08T10:31:14+03:00
📄 Summary: Kimbal Musk, brother of billionaire entrepreneur Elon Musk, has criticized President Donald Trump's new tariff policy as a substantial tax on American consumers. As Trump prepares to impose tariffs across 185 countries, starting at 10%, Kimbal warns that these tariffs, which disproportionately affect allies and rivals alike, could lead to sustained high prices and reduced consumption, ultimately harming the economy. Despite his brother's support for Trump, Kimbal advocates for a rethinking of trade strategies to benefit American consumers and maintain jobs.
🔗 [Read more](https://www.businessinsider.com/elon-musk-brother-kimbal-tariffs-permanent-tax-on-us-consumer-2025-4)

💓 #TariffImpact #ConsumerEconomics #TradePolicy