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🚨 Elon Musk Breaks Silence on Trump’s 100% Tariff Plan! 🇺🇸😱
$DOGE
After days of quiet, Elon Musk finally weighed in on Donald Trump’s proposed 100% tariffs on Chinese imports — warning that the move could stifle U.S. innovation and slow future tech growth. ⚙️💡
He also supported Fed Chair Jerome Powell’s decision to pause rate cuts, noting that the recent market dip already reflects tightening effects. 📊
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⚖️ Tariffs vs. Innovation
🔹 Innovation at Risk: Higher import costs could hurt startups, disrupt supply chains, and delay new technologies.
🔹 Market Response: The swift sell-off highlights investor caution and growing uncertainty in global markets. 📉
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💬 Powell’s Approach
🔹 Holding Rates Steady: Musk agreed that cutting rates too early could reignite inflation. 🛡
🔹 Strategic Patience: A measured policy path might help ease inflation pressures amid rising trade tensions.
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📉 Economic Outlook
Analysts warn that the tariffs may weigh on U.S. growth and investment momentum until global trade clarity returns.
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