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

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Carney Floats Keystone XL Revival In Trump Tariffs Talks

Canada linked energy cooperation to tariff relief as Prime Minister Mark Carney reportedly told President...

Thursday, October 9, 2025, 03:01:00 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

Carney Unveils $6.4B Plan, ‘Buy Canada’ To Counter Trump Tariffs

Prime Minister Mark Carney unveiled an industrial strategy with at least $6.37 billion in targeted...

Sunday, September 7, 2025, 11:29:00 AM

Trump Sets Ten-Day Tariff Clock On Russia To Force Ceasefire With Ukraine

President Donald Trump tightened the screws on Russia, warning that “tariffs and the various things...

Wednesday, July 30, 2025, 02:18:00 PM

Ford Raises Prices on Mexico-Made Vehicles

President Trump’s tariff policies are now affecting consumer prices as Ford Motor Company (NYSE: F)...

Thursday, May 8, 2025, 07:48:24 AM