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Donald Trump’s allies, supporters and donors, led by Elon Musk, push to end tariff war
What’s most striking about President Trump’s tariff war is that he’s being pressured by some of his closest advisers and supporters to end the crusade that has upended the world economy.
It’s not just media conservatives like Ben Shapiro, Rich Lowry, Ben Domenech and the Wall Street Journal editorial page. It’s longtime wealthy donors like Ken Langone, co-founder of Home Depot, who denounced the tariffs and cited the 46 percent levy on Vietnam as an example of «bull****,» telling the Financial Times that «right now what everybody’s terrified of is a trade war.»
Another billionaire, hedge fund investor Bill Ackman said, «The consequences for our country and the millions of citizens who have supported the president…are going to be severely negative.» Jamie Dimon, CEO of JP Morgan, said «whether or not the menu of tariffs causes a recession remains in question, but it will slow down growth.»
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The most famous defector is Elon Musk, who, according to the Washington Post, privately urged Trump not to go ahead with the sky-high tariffs. Now he’s gone public:
«Ideally, both Europe and the United States should move to a zero-tariff situation, effectively creating a free trade zone between Europe and North America.» Even the world’s richest man and chief budget cutter couldn’t convince the boss, and he is off the reservation.
Musk is also taking shots at the strongest tariff booster in the White House, Peter Navarro, calling him «truly a moron,» «dumber than a sack of bricks,» and, in a particularly juvenile jab, «Peter Navarrdo.»
In addition to sounding off against President Trump’s tariffs, Elon Musk has thrown a few rhetorical punches at the staunchly pro-tariff Peter Navarro. (AP)
The aforementioned Navarro, you’ll be happy to hear, went on Fox and guaranteed there will be no recession. So you can all resume regular breathing.
It doesn’t help Trump that after an early rebound rally yesterday ran out of gas, the Dow dropped another 320 points, after a dramatic decline that has decimated people’s stock holdings and 401-Ks. The Constitution, by the way, says Congress is in charge of tariffs.
Almost no one is safe, including Bibi Netanyahu, who came to the White House on Monday in a ring-kissing gesture, has imposed no levies on the U.S., but still got hit with a 17 percent tariff. Against Israel, our chief ally in the Middle East and the region’s only democracy?
And the escalation with China, our biggest adversary, was predictable. Trump had hit Beijing with a 54 percent tariff (including an earlier 20 percent levy). Beijing hit back, as promised, with a 34 percent tariff on U.S. goods, battling what it calls blackmail.
Wouldn’t we have done the exact same thing if the roles were reversed?
But Trump acted as though he was personally insulted, and is now vowing an additional 50 percent tariff on the Chinese. This is how trade wars spiral out of control. And China has cut off negotiations on the sale of TikTok to an American owner.
Media blunders also fueled the market’s volatility. On Monday, Bloomberg – that is, someone identified as Walter Bloomberg, not connected to any news outlet – posted this: «HASSETT: TRUMP IS CONSIDERING A 90-DAY PAUSE IN TARIFFS FOR ALL COUNTRIES EXCEPT CHINA.»
Media blunders – including one claiming Kevin Hassett, director of the White House economic council, said Trump was considering a 90-day tariff pause – only exacerbated market volatility. (Andrew Harrer/Bloomberg via Getty Images)
This goosed the stock market. Except that Kevin Hassett, director of the White House economic council, never said that.
But CNBC morning anchor Carl Quintanilla told viewers, «I think we can go with this headline. Apparently, Hassett’s been saying that Trump will consider a 90-day pause in tariffs for all countries except for China.»
Reuters then ran with this headline: «Wall Street reverses course after Hassett’s comments on tariff pause.»
What Hassett actually said, when asked on Fox if Trump would consider a 90-day tariff pause: «I think the president is gonna decide what the president is gonna decide.» Not exactly the same thing. But the market shot up.
The wire service later admitted the mistake: «Reuters has withdrawn the incorrect report and regrets its error.»
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A CNBC spokeswoman said later, «As we were chasing the news of the market moves in real-time, we aired unconfirmed information in a banner. Our reporters quickly made a correction on air.»
Meghan McCain posted a broader swipe against the media: «There are so many hypocritical talking heads on TV saying they don’t care about losing money or being in financial pain for a while. Most of you are married to finance bros, come from rich families or have huge media contracts. You have a cushion…
«One of my best friends buys her groceries for her family based on what coupons each store has. I assure you a possible recession or huge rise in prices everywhere will be a different experience for her family than you.»
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Is there an exit ramp? White House officials say 70 countries have been in touch, seeking a negotiated settlement. Some, of course, were doing that in the runup to «Liberation Day.» The president could reach many of the settlements, declare victory and credit his tariff war.
At the moment, he shows no inclination to do that, having pushed the tariff idea since the 1980s and repeatedly promising such an approach during last year’s campaign.
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I wrote a book on Wall Street and the media, talked to many top traders as well as business anchors and commentators. I understand the hair-trigger nature of the culture. Everyone expected that Donald Trump would impose hefty tariffs, just not at this stratospheric level.
Media Buzz,Donald Trump,Trump’s First 100 Days,Elon Musk,Economy
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Volodimir Zelenski insiste en reunirse con Vladimir Putin mientras Rusia intensifica los bombardeos en Ucrania
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Fuego y humo sobre Járkov, Ucrania, tras un ataque de Rusia con drones. Foto: EFE Ataques con drones y bombas
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Some members of the group charged in the Prairieland Detention Center anti-ICE attack on Independence Day have been arrested in the past for protest activities.
Ines Soto, who is part of the group of ten charged with attempted murder of federal officers and firearm offenses, was arrested at a protest in 2016 for allegedly resisting arrest and trying to avoid detention, according to K-HOU 11 at the time.
The protest was against a speech by Richard Spencer at Texas A&M University. The outlet My Aggie Nation noted that Soto was 31 in 2016, which corroborates with a KERA News report stating that Soto is now 40 years old and was released on a $10,000 bond.
FBI CAPTURES FORMER MARINE CORPS RESERVIST ACCUSED OF SHOOTING AT ICE OFFICERS AT TEXAS DETENTION CENTER
Ten suspects were charged with attempted murder of a federal officer in connection with the July 4, 2025, ambush attack on the Prairieland Detention Center in Alvarado, Texas. (Johnson County Sheriff’s Office)
Meanwhile, KERA News reported that Savanna Batten partook in the Occupy Wall Street movement through an «Occupy Dallas» protest in 2011, where she was arrested for allegedly not allowing people to come and go from a Chase Bank. The case was ultimately dismissed, as a criminal trespassing charge was scrapped in exchange for 24 community service hours, the outlet reported.
Batten also specifically has a history of anti-ICE activism, as she was charged for allegedly blocking a highway in June 2018 near a Dallas ICE facility, and the charge for that was also dismissed in 2019 as part of a program.
Fox News Digital reported last week that Benjamin Song, who was captured by the FBI last week, had a known protest background. He was named in a 2023 lawsuit over a counter-protest to the New Columbia Movement at a drag brunch in Fort Worth, Texas. The lawsuit noted Song was tied with a pro-arms leftist group, the Elm Fork John Brown Gun Club.
UNEARTHED SOCIAL MEDIA POSTS EXPOSE RADICAL VIEWS OF ANTI-ICE SHOOTING SUSPECT CAPTURED BY FBI
During the Prairieland Detention Center attack, cars were vandalized with anti-ICE messages such as «Ice Pig.» (Justice Department)
In addition, he was also arrested in 2020 during a protest in Austin for allegedly assaulting a public servant, according to Fox 4.
Song’s social media profiles also indicated that he was extremely vocal online about his stances and activism, and also appeared to use a martial arts studio tied to his mother to film tactical exercises.
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«Do you want to end mass shootings? Abolish the police,» he posted in June 2022 under the X handle, BubbleBreakBS.
Song, a former U.S. Marine Corps reservist, is accused of firing two AR-15-style rifles at two correctional officers and one Alvarado police officer, according to a criminal complaint obtained by Fox News Digital.
MORE DETAILS REVEALED ON SUSPECTS IN INDEPENDENCE DAY ICE ATTACK IN TEXAS
Savanna Batten (left) and Ines Soto (right) are both charged with attempted murder and firearms offenses in an anti-ICE Texas attack on July 4, 2025. (Johnson County Jail/)
«Make no mistake, this was not a peaceful protest,» Acting U.S. Attorney Nancy E. Larson said in a July 8 statement. «This was an ambush on federal and local law enforcement officers. This increasing trend of violence against law enforcement will not be tolerated in the Northern District of Texas. Those who use violence against law enforcement officers will be found and prosecuted using the toughest criminal statutes and penalties available.»
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A local police officer was shot in the neck by a suspect in the woods, according to the complaint. Another assailant allegedly fired dozens of rounds at unarmed correctional officers who had stepped outside the facility. Cars outside the facility were vandalized with «Ice pig» and «Traitor,» as authorities obtained anti-government literature from those involved, as well as a flag that said «Fight Fascism, Fight Oligarchy.»
Fox News Digital’s Greg Wehner and Stephen Sorace contributed to this report.
Hay canciones que pasan a la historia, ya sea por su melodía, por las voces que las interpretan o sus letras. The Independent realizó un ranking de las 40 mejores letras de canciones en inglés de todos los tiempos. Bandas como Nirvana, The Beatles o Abba forman parte del listado. Según el ranking, las canciones se destacaron no solo por su música o interpretación, sino también por la fuerza de sus palabras, capaces de dejar una huella en distintas generaciones.
La lista está encabezada por ‘All Apologies’ de Nirvana. El tema está incluido en el álbum In Utero de 1993. Cobain escribió esta canción dirigiéndose tanto a Courtney Love como a su hija, Frances Bean. Para muchos, este track logra transmitir con especial nitidez el malestar interno y la rabia del músico, a la vez que se entrelaza con una profunda declaración de amor hacia su familia.
Según The Independent, el mensaje contenido en esta canción supera la tragedia personal de Cobain y subraya la permanencia del afecto más allá de la ausencia física. Apenas seis meses después del lanzamiento, el artista se quitó la vida y dejó atrás de sí un tema que muchos consideran imprescindible para comprender el significado de su legado artístico.
El listado continúa con Nine Inch Nails, ‘Hurt’. El tema, escrito e interpretado por Trent Reznor, hace un retrato directo de la autodestrucción y el sufrimiento, elementos presentes desde la primera grabación. Si bien Reznor nunca precisó si el trasfondo hace referencia al consumo de heroína, el texto y la atmósfera de la canción transmiten una carga emotiva que oscila entre el dolor y una poesía sombría.
Joy Division con su hit ‘Love Will Tear Us Apart’ da continuidad al ranking. “¿Por qué el dormitorio está tan frío volteado de tu lado?, ¿Mi sincronización es tan imperfecta, nuestro respeto se ha agotado?“, cita la letra. El sencillo, escrito por Ian Curtis, refleja matices de su propia experiencia personal, marcada por la crisis matrimonial y una inminente tragedia.
La canción sobresale por una combinación de melodía vibrante y una lírica de gran vulnerabilidad. La composición no transmite un mensaje sombrío en sí mismo, sino que transforma su tristeza en una pieza conmovedora, donde la humanidad del autor adquiere toda su dimensión.
Arcade Fire, ‘Sprawl II Mountains Beyond Mountains’ continúa la lista. Junto a la voz de Régine Chassagne, la canción aporta una atmósfera única. La melodía logra materializar emociones latentes y anhelos de escapar de la uniformidad.
El ranking, presentado por The Independent, sigue con Beyoncé, ‘Formation’; Laura Marling, ‘Ghosts’; LCD Soundsystem, ‘Losing My Edge’; Leonard Cohen, ‘So Long, Marianne’; The Libertines, ‘Can’t Stand Me Now’; Kate Bush, ‘Cloudbusting’; Nick Cave, ‘Into My Arms’; The Sisters of Mercy, ‘This Corrosion’ y Sultans of Ping FC con ‘Where’s Me Jumper?’
Seguidamente, el medio español posicionó entre los mejores temas a ‘There Is a Light That Never Goes Out’, de The Smiths; ‘I’m On Fire’ de Bruce Springsteen; ‘Father Lucifer’ de Tori Amos; ‘Black Steel in the Hour of Chaos’ de Public Enemy y ‘Pools (Drank)’ de Kendrick Lamar.
Mientras la comunidad afroamericana afrontaba las consecuencias de políticas conservadoras, Prince decidió abordar en su tema principal cuestiones como la violencia asociada a las pandillas, la pandemia del sida, tensiones políticas y catástrofes naturales. Con este enfoque, el cantante dejó atrás su aislamiento creativo y presentó ‘Sign O ‘The Times’, una canción donde la reflexión social y el comentario sobre realidades urgentes pasaron a primer plano.
En el listado no podían faltar los Rolling Stones. Si bien tienen grandes letras, en ‘Gimme Shelter’ recrean la atmósfera de inestabilidad y amenaza constante de la época. La composición captura el miedo y la incertidumbre de una sociedad al borde de la ruptura. Asimismo consolida el legado de Mick Jagger, Keith Richards y sus compañeros como cronistas musicales de un periodo turbulento.
Si de turbulencias se trata, David Bowie es uno de los artistas que, durante su vida, atravesó momentos turbulentos. Estos periodos fueron de gran inspiración para el músico a la hora de componer. ‘Station to Station’ es una de las canciones grabadas en los días más oscuros de Bowie. El músico lidiaba con su adicción a las drogas en Los Ángeles mientras buscaba refugio en las letras.
El ranking continúa con ‘Supersonic’, de Oasis; ‘Born Slippy’ de Underworld; ‘Landslide’ de Fleetwood Mac; ‘Graceland’ de Paul Simon; ‘Take a Walk on the Wild Side’ de Lou Reed; ‘Every Time the Sun Comes Up’, de Sharon Van Etten; ‘Gloria’ de Patti Smith; y ‘Hotel California’ de Eagles.
Thin Lizzy sigue el listado con ‘The Boys are Back in Town’. Le sigue Nina Simone con ‘Four Women’; St. Vincent ‘Digital Witnesses’; Frank Ocean con ‘Pink + White’. El ranking continúa con ‘Dinner at Eight’ de Rufus Wainwright; ‘It’s Alright Ma’’ de Bob Dylan; ‘The Winner Takes it All’ de Abba y ‘I Wanna Be Adored’ de The Stone Roses.
En los tres últimos puestos se encuentran ‘The World is Yours’ de Nas; ‘When I’m Sixty Four’ de The Beatles y Beck con ‘Loser’. Este último es uno de los éxitos más recordados de Beck. Surgió a partir de una autocrítica espontánea después de escuchar una versión preliminar del tema. El propio músico reconoció sentirse «el peor rapero del mundo» y se definió como “un perdedor”.
Esta percepción no solo alimentó el concepto de la canción, sino que inspiró el famoso estribillo que acabó identificando al tema. A pesar de la aparente falta de coherencia en la letra, la composición logra crear una atmósfera singular gracias a su escritura en flujo de conciencia, un recurso que genera magnetismo incluso en lo absurdo.
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