Elon Musk's brother slams Trump tariffs, calls them 'permanent tax on the American consumer'

Kimbal Musk, co-founder of The Kitchen Community, speaks during the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 3, 2016. Elon Musk's younger brother, Kimbal, took to X on Monday to lambaste President Donald Trump's tariffs, calling them a "structural, permanent tax on the American consumer." He also said Trump appears to be the "most high tax American President in generations." "Even if he is successful in bringing jobs on shore through the tariff tax, prices will remain high and the tax on consumption will remain the form of higher prices because we are simply not as good at making things," Kimbal Musk wrote on social network X, one the companies in his brother's extensive portfolio. The younger Musk owns a restaurant chain called The Kitchen, is a board member at Tesla , and former director at SpaceX and Chipotle . He has also co-founded and invested in other food and tech startups, including Square Roots, an indoor farming company ... Read full article.