Wednesday, January 7, 2026

Latest

Kimbal, Elon Musk’s Brother, Calls Out Trump For “Permanent Tax” On US Consumer

Kimbal Musk, a director at Tesla (NASDAQ: TSLA) and brother of Elon Musk, has launched a fierce critique of President Donald Trump’s trade policies. In a recent social media post, Kimbal openly questioned Trump’s legacy, suggesting that the tariff regime he introduced amounts to “the most high tax” approach in generations.

“Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer,” Kimbal wrote.

The comments reflect the broader tension within the Musk family regarding trade. Elon, who serves the Trump administration as Department of Government Efficiency head, has publicly endorsed a “zero-tariff” framework, hoping to see a free-trade environment free from import barriers.

Kimbal’s statements highlight how he believes tariffs stifle economic growth and drive up consumer costs, cautioning that “a tax on consumption also means less consumption,” which can trigger a cycle of decreasing jobs and purchasing power.

Elon’s time in the administration has been marked by both optimism and conflict. He was initially welcomed as a potential ally who would champion efficiency and innovation. Yet, White House insiders have grown uneasy about his outspoken views and feared potential conflicts of interest, especially after Elon advocated for a sweeping reduction in trade restrictions—directly at odds with the president’s protectionist agenda.

The unease escalated further when Elon publicly criticized Trump’s trade adviser, Peter Navarro, sparking concern that his outspoken stances deviated from official policy.

READ: Elon Musk, Trump’s DOGE Head, Wants A “Zero-Tariff” Environment

Despite these strains, Trump once praised Elon as “a patriot” and expressed hopes of keeping him within the administration. However, fears about classified information access and conflicts with Musk’s business interests reportedly have led to a mutual decision for him to return to the private sector in the not-so-distant future. Since then, his brother Kimbal has started to challenge the president on trade issues.

“Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high,” Kimbal asserted.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

First Phosphate Receives US$530,000 Pre-Payment Under Offtake Agreement

Nord Precious Metals Acquires Gowganda Silver Tailings Project, Securing Feedstock For Silver Processing Strategy

Related News

Will Coca-Cola Switch to Cane Sugar Just Because Trump Said They Would?

The Coca-Cola Company (NYSE: KO) offered a diplomatically worded response Wednesday after President Donald Trump...

Thursday, July 17, 2025, 03:44:00 PM

Canada To Adjust Steel Tariffs Against US On July 21

Canada will adjust its retaliatory tariffs against US steel and aluminum imports on July 21,...

Friday, June 20, 2025, 11:17:00 AM

Elon Musk vs. Twitter: Hollywood Agent Ari Emanuel Attempts Settlement Ahead of Court Proceedings

One of Hollywood’s most influential talent agents is attempting to pave a settlement between Elon...

Friday, September 30, 2022, 04:34:12 PM

China Confident in Economic Resilience Despite US Tariff Pressure

Chinese officials dismissed concerns about US tariffs this week, asserting they have ample tools to...

Saturday, May 3, 2025, 09:31:00 AM

Court Battles Over Trump Tariffs Create Trade Policy Chaos

Federal courts have thrown President Donald Trump’s signature trade policy into legal limbo, blocking and...

Friday, May 30, 2025, 02:51:00 PM