Elon Musk, Trump allies say his tariff plans could cause short term pain for consumers

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers

Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.

Business - CNBC - October 30

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

Will Trump’s tariffs cause price hikes in electronics? Here’s how his plans could lead to trouble in the semiconductor industry

The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.

Business - MarketWatch - November 16

Kennedy could be on short list for HHS secretary, Trump allies say

Republicans' newly won control of the Senate may have buoyed Kennedy's odds of a role in the Trump administration.

Elon Musk could be the biggest winner of a second Trump term

Elon Musk could reap numerous benefits from a friendly government run by Donald Trump.

What Elon Musk could gain from Trump's second term

Some of the richest men in the world have already become even richer due to President-elect Donald Trump's victory. According to the Bloomberg Billionaires Index, the net worth of Elon Musk, one of ...

How a second Trump term could further enrich Elon Musk: ‘There will be some quid pro quo’

Experts say new government could blunt regulation and appoint officials sympathetic to Musk’s brood of companies. Donald Trump owes his decisive 2024 presidential victory in no small part to the ...

World - The Guardian - November 10

Trump's proposed tariffs could raise prices for consumers and slow spending

President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.

Business - CNBC - November 6

Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon ...

Tech - ABC News - November 13

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - October 30

Behind Trump's plans for Elon Musk, Vivek Ramaswamy

Donald Trump's plans for Elon Musk and Vivek Ramaswamy's roles in his government are emerging after he announced they would head a temporary agency known as the Department of Government Efficiency. ...

Why Elon Musk Says His New Role ‘Won’t Be Business as Usual’

Musk’s moves since the election suggest the Tesla CEO will be heavily involved in the Trump administration’s ‘revolution,’ as he calls it.

Business - Inc. - November 15

Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan

World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...

World - The Guardian - November 13

Trump Plans to Attend Musk’s SpaceX Launch on Tuesday

The president-elect’s decision to witness the liftoff is another example of his close ties to the world’s wealthiest entrepreneur.

Science - The New York Times - 5 days ago

How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy

Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.

Business - The New York Times - 5 days ago

How Elon Musk Might Use His Pull With Trump to Help Tesla

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

Business - The New York Times - October 30

At town halls, Elon Musk works to harness his celebrity to boost Trump

In a series of town halls, tech billionaire Elon Musk has sought to harness his power as an influencer to help return Donald Trump to the White House.

Elon Musk Steps Up His Support for Donald Trump’s Campaign

The tech mogul is pushing even harder in the final days of the presidential race to get Donald Trump re-elected, with plenty at stake for his businesses.

Business - The New York Times - October 30

Elon Musk Is Already Asking Trump for Payback After Supporting His Campaign

The billionaire CEO reportedly began lobbying Trump to hire SpaceX employees for top Defense Department roles to help with government contracts and derail regulators.

Business - Inc. - November 7

Elon Musk Puts His Imprint on the Trump Transition at Mar-a-Lago

He’s on the patio. He’s on the golf course. Everywhere Donald Trump looks, there is the world’s richest man.

Top stories - The New York Times - November 13

Elon Musk may already be overstaying his welcome in Trump's orbit

Sources said that Musk’s near-constant presence at Mar-a-Lago in the week since Election Day had begun to wear on people who’ve been in Trump’s inner circle

What could Trump's return, and his tariffs, actually mean for China?

Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.

Dismantling the Department of Education? Trump's plan for schools in his second term

Trump has proposed featuring prayer in public schools and dismantling the Department of Education.

An anti-Trump movement plans to rebuild for his second term

A resistance movement was born in the wake of Donald Trump’s 2016 victory, sending thousands of people into the streets wearing pink hats and signs with punchy slogans.

Politics - NBC News - November 9

Trump's big tariff plans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...

Politics - The Hill - October 25

Trump's 2nd term could bring deportations, tariffs, Jan. 6 pardons and more

Former President Donald Trump will be the 47th president of the United States. Here's what that could mean.

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Business - CNBC - Yesterday

Trump says Elon Musk and Vivek Ramaswamy will head a new ‘Department of Government Efficiency’

Trump named tech billionaire Elon Musk and conservative activist Vivek Ramaswamy to head up a new "Department of Government Efficiency," fulfilling a campaign pledge to give Musk sweeping oversight ...

The markets could have the final say on Trump’s tax cuts and tariffs

Financial markets could wind up as the final arbiter about whether he has gone too far.

Politics - The Hill - November 15

Citadel's Ken Griffin says Trump's tariffs could lead to crony capitalism

"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the billionaire investor said.

Business - CNBC - 2 days ago

Trump’s choice of Matt Gaetz as attorney general sparks criticism and shock – US politics live

Former Trump official criticizes pick of far-right congressman’s as Republicans react with shock and evasion. Who is Matt Gaetz? Far-right congressman and Trump loyalist Trump cabinet: who’s ...

World - The Guardian - November 14

Elon Musk’s lawyer says $1M giveaway winners not randomly chosen, raising potential legal issues

Elon Musk's lawyer said in a courtroom Monday that the winners of Musk’s $1 million daily prize giveaway in election swing states are not chosen at random.

Why one economist says Elon Musk could hold the key to lower mortgage rates

One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.

Business - MarketWatch - November 14

Here's where Elon Musk says his DOGE will aim to cut federal spending

Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

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