Elon Musk has reignited his criticism of Donald Trump’s trade policies, warning that the president’s proposed tariffs could tip the U.S. into a recession. Responding to Dogecoin co-creator Billy Markus — known on X as @BillyM2k — who wrote,

President Trump said his relationship with Elon Musk might be over after Musk spent the past few days trying to defeat Trump's "big, beautiful bill."

The world’s richest man said the world’s most powerful man will drag the United States into recession during the second half of 2025. The comment, which Elon Musk made about President Donald Trump’s economic policies,

U.S. President Donald Trump will sign an executive order on Tuesday making official his vow to double tariffs on steel and aluminum, White House spokeswoman Karoline Leavitt told reporters in a briefing.

US President Donald Trump has signed an order doubling tariffs on steel and aluminium imports from 25% to 50%. The move hikes import taxes on the metals, which are used in everything from cars to canned food,

President Trump's 50% tariffs on steel and aluminum tariffs have gone into effect. NBC News Senior Business Correspondent Christine Romans reports more. Council on Foreign Relations President Michael Froman and former Chief Strategist for the Bush-Cheney 2004 campaign Matthew Dowd join Katy Tur to break down the economic impact.