DOGE, ADA, XRP News: Dogecoin, Ripple, Cardano Fall 7% as Traders Digest Elon Musk's 'Recession’ Comment
- Elon Musk publicly warned in 2025 that President Donald Trump's tariffs will cause a US recession in the year's second half.
- Musk's prediction follows widespread criticism that Trump's tariff policies are inflationary and increase recession risks.
- The OECD forecast lowered US growth to 2.9%, citing policy uncertainty, lower exports, and slowed immigration as headwinds.
- Musk tweeted on X that the tariffs implemented during Trump's administration are likely to trigger an economic downturn in the latter part of this year, describing them as "super stupid."
- The tariff debate has sparked a public feud between Musk and Trump, and economists warn the policies could slow growth and raise inflation.
23 Articles
23 Articles
Elon Musk Predicts Recession in Second Half of 2025, Says Tariffs Imposed by Donald Trump Will Cause It Amid Their Public Feud Over GOP Tax Bill | 🌎 LatestLY
Amid his explosive public feud with US President Donald Trump, Elon Musk predicted that the US would enter a recession in the second half of 2025 due to Trump’s newly proposed tariffs. Responding to a post on X that called tariffs “super stupid,” Musk said, "The Trump tariffs will cause a recession in the second half of this year". 🌎 Elon Musk Predicts Recession in Second Half of 2025, Says Tariffs Imposed by Donald Trump Will Cause It Amid The…
Musk says Trump tariffs will cause a recession later this year
Elon Musk and President Donald Trump's friendship fractured on Friday.Andrew Harnik/Getty ImagesElon Musk predicted Trump's tariffs will trigger a recession later this year.Musk's comment comes amid a growing public fallout with the president.Wall Street has expressed similar concerns over Trump's tariffs.Elon Musk predicted Donald Trump's tariffs will send the economy into recession, one of many verbal barbs the tech billionaire threw at the pr…
After the chancellor visit, "Lanz" warns: Donald Trump is only distracting with the tariffs.
Musk goes scorched earth: Trump will cause recession, implies he should be impeached
Elon Musk and Donald Trump’s alliance continues to publicly implode, with the world’s richest man taking aim at the president’s signature economic policy — tariffs — and implying he should be removed from office. “The Trump tariffs will cause a recession in the second half of this year,” Musk wrote on X Thursday afternoon. It marks Musk’s biggest criticism yet of one of Trump’s most beloved policies. Musk also took aim at one of the president’s …
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