Elon Musk is going public with his opposition to President Trump's tariffs and is calling for free trade with the EU.
Show More Show Less View Video Transcript
0:00
There's not a single person in the world who could make this pencil
0:04
It's a simple video. The Nobel Prize winning economist Milton Friedman is sitting in a chair holding a pencil
0:10
explaining how it's put together with pieces from all over the world. The operation of the free market is so essential
0:17
not only to promote productive efficiency, but even more, to foster harmony and peace among the peoples of the world
0:26
When Elon Musk posted this video for his 218 million followers on X, it was a statement against President Trump's tariffs
0:34
The head of the Department of Government Efficiency has aligned with the president closely in the first few months of the administration
0:40
He's breaking rank on the new tariffs. He has not only been critical of the president's policy, but of those who are in charge of implementing it
0:49
The president wants to charge those countries what they charge us. That's Peter Navarro, the senior counselor for trade and manufacturing, who has a Ph.D. in economics from Harvard
1:00
Musk commented on this video, A Ph.D. in econ from Harvard is a bad thing, not a good thing
1:06
Results in the ego brains, more than one problem. Musk's net worth has decreased by tens of billions of dollars since President Trump imposed worldwide tariffs on April 2nd
1:17
Tesla stock has fallen more than 12% over the last five days. In a phone interview with Italy's deputy prime minister
1:24
Musk said he hopes for a free trade agreement between the United States and the European Union
1:29
EU Commission President Ursula von der Leyen stated she's prepared to negotiate a zero-for-zero
1:34
tariff agreement on industrial goods with the U.S. At the same time, EU member countries are
1:39
preparing their own retaliatory tariffs if they can't reach a deal. President Trump announced he'll
1:45
immediately begin negotiations with countries that have requested meetings to reach a deal on trade
1:50
or at least a reduction in tariffs
#news


