Musk vs. Trump: Tariff War Sparks Recession Fears

The ongoing feud between Elon Musk and President Trump took a new turn this week, as Musk publicly criticized Trump's tariffs and predicted an impending recession. CNBC's Eamon Javers provided a detailed report on the situation, highlighting Musk's social media posts where he stated, "Trump tariffs will cause a recession in the second half of this year." This statement has ignited a firestorm of debate, with Trump's allies and advisors responding with counter-arguments and accusations. The conflict extends beyond mere political rhetoric, carrying significant economic and national security implications, particularly given Musk's involvement in key defense contracts. The report also notes that Steve Bannon, a long-time advisor to Trump, has weighed in, urging an investigation into Musk's business dealings. The situation underscores the complex interplay of politics, business, and national interests in the modern world. The ongoing developments promise to be a key focus in the coming weeks and months, as the economic and political fallout continues to unfold.