Billionaire tech mogul Elon Musk is sounding the alarm over Donald Trump’s economic policy, warning that Trump’s tariff strategy could push the U.S. into a recession before the year ends.
Responding to a viral comment on his social media platform X that read, “Can I finally say that Trump’s tariffs are super stupid?” Musk didn’t hold back. His reply: a blunt forecast that the current tariff approach will drag the nation’s economy into a downturn during the latter half of the year.
Musk also posted a video of Trump partying with Jeffrey EpsteinMusk now joins a growing chorus of economists, analysts, and influencers predicting that these aggressive trade measures could backfire. While forecasting the U.S. economy has humbled even the sharpest minds, Musk’s statement adds serious weight to the conversation… especially as markets watch closely for signs of economic slowdown.
As debates around inflation, trade, and global supply chains heat up, Musk’s warning is poised to fuel further scrutiny of Trump-era economic tactics heading into the 2024 election cycle.