Musk uses Milton Friedman video to oppose Trump tariffs

There's not a single person in the world who could make this pencil

It's a simple video. The Nobel Prize winning economist Milton Friedman is sitting in a chair holding a pencil

explaining how it's put together with pieces from all over the world. The operation of the free market is so essential

not only to promote productive efficiency, but even more, to foster harmony and peace among the peoples of the world

When Elon Musk posted this video for his 218 million followers on X, it was a statement against President Trump's tariffs

The head of the Department of Government Efficiency has aligned with the president closely in the first few months of the administration

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

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

Musk commented on this video, A Ph.D. in econ from Harvard is a bad thing, not a good thing

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

Tesla stock has fallen more than 12% over the last five days. In a phone interview with Italy's deputy prime minister

Musk said he hopes for a free trade agreement between the United States and the European Union

EU Commission President Ursula von der Leyen stated she's prepared to negotiate a zero-for-zero

tariff agreement on industrial goods with the U.S. At the same time, EU member countries are

preparing their own retaliatory tariffs if they can't reach a deal. President Trump announced he'll

immediately begin negotiations with countries that have requested meetings to reach a deal on trade

or at least a reduction in tariffs