Kimbal Musk: Trump Tariffs Will Keep Prices High for American Consumers

Kimbal Musk, younger brother of DOGE head Elon Musk, criticized President Donald Trump’s tariff policies on Monday, describing them as a “structural, permanent tax on the American consumer.”

In a post on X, the restaurateur and entrepreneur warned that Trump’s approach to tariffs would ultimately harm US consumers through higher prices, even if the policy succeeded in bringing manufacturing jobs back to American shores.

“Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high and the tax on consumption will remain the form of higher prices because we are simply not as good at making all things,” Musk wrote.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The criticism comes during a week of market volatility triggered by Trump’s tariff announcements, with Tesla, where Kimbal serves as a board member, seeing its stock down 34% this year amid broader market concerns.

The public criticism highlights growing tensions within Trump’s business community allies over his trade policies. Elon, who serves as a close advisor to Trump on government efficiency, was himself involved in a separate spat with Trump trade advisor Peter Navarro over the weekend.

Kimbal, who co-founded restaurant chain The Kitchen and has invested in sustainable food systems and urban farming ventures, has taken a different political path from his brother, contributing to the Libertarian National Committee while Elon has become Trump’s most prominent financial backer.


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

Red Cloud Fall Mining Showcase 2026 | Day 2

More Gold Without a Bigger Upfront Bill? | Keith Boyle – New Found Gold

The Red Cloud Fall Mining Showcase 2026 | Day 1

Recommended

First Majestic Hits 4.24 g/t Gold Over 48.8 Metres at Saval as Jerritt Canyon Restart Advances

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Related News

India Faces Steeper US Tariffs… If Russia Won’t Agree To Peace Talks?

While not part of Friday’s Alaska summit, India is facing it with a clear downside:...

Friday, August 15, 2025, 11:14:00 AM

Trade War Is Here! Ontario Retaliates To Trump’s Tariffs; “Stop Buying US Goods” – Ford

Ontario’s abrupt decision to strip U.S. liquor from store shelves, cancel a multi-million-dollar satellite deal,...

Wednesday, March 5, 2025, 11:30:00 AM

Port Cargo Plunges 35% as Trump Tariffs Hit Los Angeles

Cargo volumes at the Port of Los Angeles have plummeted 35% as President Donald Trump’s...

Thursday, May 22, 2025, 07:32:37 AM

Markets In Turmoil Fueled By Tariff-Induced Crashes

US markets appear locked in a downward spiral on Monday, marking a third consecutive trading...

Monday, April 7, 2025, 12:40:58 PM

US-China: Trump Says Xi Just Had “Bad Moment” On Tariff, Rare Earth Control Confusion

US–China tariff risk shifted from a threatened 100% levy to mixed de-escalation signals after Beijing...

Monday, October 13, 2025, 12:24:00 PM