Some of the wealthiest individuals in the country, including Elon Musk, are speaking out against President Trump’s tariffs. Despite being longtime supporters of the president, these billionaires are concerned about the impact of the tariffs on the stock market. This marks a significant shift in the support for Trump’s policies from some of the most influential and wealthy individuals in the US. The tariffs, which have sparked fears of a trade war, are causing uncertainty in the market and raising concerns about the potential economic consequences. While Trump continues to defend his actions, it remains to be seen how this backlash from the billionaire community will impact his policies moving forward.
Original Source: https://www.forbes.com/sites/alisondurkee/2025/04/08/billionaires-including-elon-musk-speak-out-against-trumps-tariffs-huge-policy-mistake/