Elon Musk has reignited his criticism of Donald Trump’s trade policies, warning that the president’s proposed tariffs could tip the U.S. into a recession. Responding to Dogecoin co-creator Billy Markus — known on X as @BillyM2k — who wrote,

The world’s richest man said the world’s most powerful man will drag the United States into recession during the second half of 2025. The comment, which Elon Musk made about President Donald Trump’s economic policies,

Elon Musk left Washington D.C. last week making triumphant yet dubious claims he had achieved most of the federal headcount and spending cuts he’d set out to impose. Scarcely back in his role leading Telsa,

Donald Trump's wide-ranging taxes on imports were reinstated this week after being deemed illegal by a trade court. Their ultimate fate is yet to be decided.

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties. In March and April, the president slapped tariffs on imports of steel,