Kimbal Musk delivers a harsh public attack on Donald Trump, blaming his tariff decisions for economic instability and public outrage.
Kimbal Musk, the brother of billionaire Elon Musk, has publicly criticized President Donald Trump for his recent tariff policies.
As the U.S. faces potential trade wars, Kimbal is stepping forward to voice his concerns about the economic impact these tariffs may have on American consumers and businesses.
Trump’s tariff strategy has sparked global trade tensions.
President Trump has implemented a series of tariffs on goods from various countries, including China, Vietnam, and members of the European Union.
His administration initially set a baseline tariff of 10%. However, this quickly escalated to higher rates for certain countries.
Critics argue that these tariffs could lead to a global trade war, affecting economies worldwide.
Notably, even remote areas have not escaped these tariffs, with some unusual targets being hit.
Canada and Mexico were also affected, facing a 25% tariff earlier this year.
These decisions have sparked backlash from various sectors, including the tech and automotive industries, where many businesses are feeling the financial strain.
Elon Musk’s brother delivers harsh criticism of Trump after economic fallout from new tariff policies
Kimbal Musk, who is involved with Tesla and has a vested interest in the economy, expressed his shock at Trump’s approach.
He described Trump as “the highest tax American President in generations.”
Kimbal believes that the tariffs are a permanent tax on consumers, which will lead to higher prices for everyday goods.
“Who would have thought that Trump was actually the most high tax American President in generations.
Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer.
Even if he is successful in bringing jobs on shore through the tariff.”
The significant economic impact of tariffs
The tariffs have already had a noticeable effect on the stock market and specific companies.
Tesla, for instance, has seen its shares drop significantly, with a 42% decrease in 2025 alone.
This downturn follows a period of growth that the company experienced after Trump’s election, during which many hoped for a booming American economy.
Kimbal Musk has expressed his concerns not just as a businessman but also as someone who cares about the future of the American workforce.
He believes that America has many strengths that should be leveraged rather than forcing industries to focus on their weaknesses.
Musk concluded: “A consumption tax also means less consumption. Which means less jobs. Which in turn leads to less consumption. And then even less jobs.
“America has incredible strengths. We should play to those strengths, and not be forced to play to our weaknesses. Same with the rest of the world.”
Other business leaders are increasingly worried about tariffs.
Kimbal Musk is not alone in his criticism. Other business leaders and lawmakers are also voicing their concerns about the tariffs.
Senator Ted Cruz has even referred to Elon Musk as an “angel” who is advocating for American jobs.
This shows that the Musk family is seen as a significant voice in the ongoing debate about tariffs and their implications for the economy.
Elon Musk himself has questioned the effectiveness of the tariffs and how they could negatively affect industries, including space exploration.
As the CEO of SpaceX, he has a unique perspective on how tariffs might impact innovation and development in the tech sector.