Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

China fast tracks rare earth export licences for European companies

June 7, 2025

Singapore reckons with animal cruelty as abuse cases surge: ‘we can do better’

June 7, 2025

Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event

June 7, 2025
Facebook X (Twitter) Instagram
Saturday, June 7
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Explainer | Caught in a bad bromance: Trump and Musk go for the throat as shocking feud escalates
China

Explainer | Caught in a bad bromance: Trump and Musk go for the throat as shocking feud escalates

adminBy adminJune 6, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 6


Hours after US President Donald Trump spoke with his Chinese counterpart on Thursday night and shared optimistic remarks about the call on social media, a public feud escalated between him and his biggest political donor.
Elon Musk, once Trump’s most high-profile donor and self-proclaimed “first buddy”, lambasted the “big beautiful bill” earlier this week – one of Trump’s key domestic policy initiatives that was recently passed by the House – lighting the fuse on a public fight that quickly spiralled into a fiery exchange of accusations.

In this explainer, the Post takes a closer look at Trump’s One Big Beautiful Bill Act – examining a specific clause that fuelled the fallout, how the two sides turned on each other, and the economic ripples that have followed.

How did the feud start?

Musk called the One Big Beautiful Bill Act a “disgusting abomination” in a social media post on his own website, X, saying it was a “massive, outrageous, pork-filled Congressional spending bill”.

“It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden American citizens with crushingly unsustainable debt,” added Musk, who was at the helm of the US’ cost-saving-focused Department of Government Efficiency (Doge) until last week.

This was the second time Musk publicly lashed out at the bill. In late May, before officially leaving the Doge, he said he was “disappointed” by the bill and believed the legislation “increases the budget deficit” and “undermines the work that the Doge team is doing”.

In response, Trump suggested that Musk was upset about the removal of mandates for electric vehicles (EVs), which could affect his Tesla business, while the president was speaking to reporters during a news conference with German Chancellor Friedrich Merz on Thursday.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

China

Vietnam ramps up expansion of South China Sea outposts: think tank

June 7, 2025
China

China’s increased training of African military, arms sales and aid ‘concerns’ US

June 7, 2025
China

South Korea has a new president. Will it have a new China policy?

June 7, 2025
China

EU pushes for ‘independence’ from China and US – but can it achieve it?

June 7, 2025
China

AI content detector: why does China dismiss it as ‘superstition tech’?

June 7, 2025
China

Xi-Trump call a ‘step back from the brink’, but China’s neighbours still caught in rivalry

June 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Canada, China agree to ‘regularise communications’ – World

June 6, 2025

US suspends licences to ship nuclear plant parts to China – World

June 6, 2025

Tax evasion, smuggling: MoC and PRIME update Senate panel – Pakistan

June 6, 2025

UBG calls to explore Africa’s vast economic potential – Business & Finance

June 6, 2025
Latest Posts

Positive triggers continue to drive bullish momentum at PSX – Business

June 6, 2025

45pc of Pakistanis live below poverty line: WB – Business

June 6, 2025

Reforms launched to ease funding barriers for SMEs – Business

June 6, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • China fast tracks rare earth export licences for European companies
  • Singapore reckons with animal cruelty as abuse cases surge: ‘we can do better’
  • Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event
  • Vietnam ramps up expansion of South China Sea outposts: think tank
  • China’s increased training of African military, arms sales and aid ‘concerns’ US

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

China fast tracks rare earth export licences for European companies

June 7, 2025

Singapore reckons with animal cruelty as abuse cases surge: ‘we can do better’

June 7, 2025

Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event

June 7, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.