Customs dispute escalated: Musk asks Trump to rethink!
Customs dispute escalated: Musk asks Trump to rethink!
USA - The debate about US President Donald Trump's customs policy increases in sharpness. Trump has recently shaped the term "Panicans" to describe critics of his economic measures, which he sees as "weak and stupid". He emphasizes the strength and courage that are necessary to make the country "very rich" and sees Zölle as a central instrument to achieve this goal. Despite his beliefs, more and more US billionaires, including the best known among them, Elon Musk, publicly criticize this customs policy. The focus is particularly on the impending increase in tariffs, especially China, which Trump wants to raise from 34 percent to 50 percent.
In a clear contradiction to Trump's course, Musk, CEO von Tesla and at the same time a closer ally Trumps in the past, has expressed his concerns. In a vehement attempt, he asked Trump directly to take back the new customs regulations. As the , Musk is of the opinion that freelancers are decisive for peace in the world be.
Musk relies on free trade
Musk recently spoke out on its platform X for creating a transatlantic free trade zone between North America and the EU. He sees this as necessary to enable a duty -free situation between Europe and the USA. This could not only improve economic cooperation, but also give people more freedom to move between the two regions. These considerations are in stark contrast to Trump's protectionist attitude.
The CEO of Tesla publicly criticized Peter Navarro, one of the main architects of Trump's customs policy. When Imry experts note behind Musk that his influence was previously unsuccessful, this illustrates the existing tensions between the two leading personalities. Musk even dismissed the value of a doctorate in Harvard economics as a "bad thing", in a clear reference to Trump's sponsors.
The role of tariffs in global trade
tariffs are traditionally regarded as an economic protective measure and can generate income for states. The Deutschlandfunk explains that tariffs are always controversial as part of global trade. Although they have largely been reduced internationally in recent decades, Trump has recently returned a trend towards protectionism, which could have a negative impact on the US trade balance.
- Trump plans a potential increase in tariffs to 50 percent.
- Musk is vehemently speaking out against these increases.
- The global tariffs have been reduced since the 1950s.
- Protectionism could have negative effects on economic growth.
The WTO, which emerged from the general customs and trade agreements (Gatt) in 1994, pursues the goal of promoting free trade. Trump, however, has re -established the creation of commercial barriers, which fueled fears. Experts warn that such measures could increase prices and cause trade wars.
In this complex network of economic interests and political ambitions, it becomes clear that the disagreements between Musk and Trump have deeper roots. Musk, who supported Trump in the election campaign with around $ 290 billion, is reportedly planning a break with the president if customs policy is not changed. The potential effects of such conflicts show how fragile the balance between free trade and protectionist policy has become.
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