Elon Musk's brother, Kimbal Musk, slams Trump's tariffs

Kimbal Musk, brother of tech entrepreneur Elon Musk, has publicly criticized tariffs, denouncing them as a "structural, permanent tax on the American consumer. " In a recent statement on X, he highlighted the negative economic repercussions of tariffs, suggesting they lead to fewer jobs and inflated prices for consumers. Kimbal specifically called out former President Trump, labeling him "the most high-tax American President in generations. " He articulated that even if tariffs succeed in bringing jobs back to the U. S.

, the associated higher prices would act as an ongoing tax on consumption, ultimately reducing overall consumption and job availability. Kimbal is not just a critic; he is a prominent figure in the food industry, co-owning The Kitchen Restaurant Group and advocating for urban farming and locally-sourced food. His financial interests are notable as well; last month, he sold $27 million worth of Tesla stock while still retaining a significant stake in the company. The relationship between the Musk brothers is multifaceted, marked by both business collaborations and personal conflicts. This ongoing dialogue about tariffs reflects broader economic concerns that resonate with many American consumers today.