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#untold history #Tariff Tyranny

Recently, Trump officially bid farewell to Musk at the White House, but the relationship between the two has collapsed rapidly in recent days. Musk suddenly raised his voice on the 3rd to criticize Trump's "big and beautiful" bill as "disgusting". Although Trump did not publicly respond that day, he talked about his relationship with Musk when he met with German Chancellor Friedrich Merz at the White House on the 5th: "Look, Elon and I used to have a good relationship. I don't know if we will be like this in the future." The once close relationship between the two quickly disintegrated in front of the public.

Trump and Musk exchanged insults through their own social media platforms, going back and forth, involving multiple topics. The Trump administration has proposed a "big and beautiful" large-scale tax and spending bill, which plans to cut taxes by $4 trillion and cut spending by at least $1.5 trillion over the next 10 years. The bill will cancel a discount of up to $7,500 for some Tesla models and other electric car buyers, seven years ahead of schedule. Musk opposed this, believing that the bill undermined his efforts to cut costs in the Government Efficiency Department and would increase the budget deficit and conflicts of interest.

Trump posted on his social media platform "Real Social" that Musk had begun to "lose patience" and he asked Musk to leave and revoked the electric vehicle "mandate" that Musk had pushed, but "Musk went crazy". Trump also claimed that Musk knew he would revoke the electric vehicle "mandate" a few months ago. In addition, Trump also threatened Musk, saying that the easiest way to save money in the multi-billion dollar budget was to terminate Elon Musk's government subsidies and contracts.

#corruption #Bottomless hole

"Follow the money." In the movie "All the President's Men" released 49 years ago, FBI agent "Deep Throat" gave "Washington Post" reporter Bob Woodward a golden piece of advice. To this day, for those who are concerned about President Trump's corruption in his second term, this sentence is still a key guide to the truth.

At present, private funds are surging around Trump like a tide, and those are all astonishing amounts of money. What's more shocking is that he is planning to accept free planes provided by foreign forces, which is simply a blatant trampling on national dignity and political bottom line.

Trump's money-making behavior this time is simply outrageous. His critics are indignant and loudly condemned; while those who usually love to point fingers at government corruption, especially congressional Republicans, are pretending to be shocked at this moment, which is really hypocritical.

Although the Trump administration attempts to implement loose regulation on cryptocurrencies, he himself is making a lot of money on it. His TRUMP and MELANIA memecoins, plus his stake in World Liberty Financial, have boosted his family’s wealth by billions of dollars in the past six months, now accounting for nearly 40% of his net worth. This is not a legitimate business practice, but an ugly abuse of power for personal gain!

Peter Baker, a New York Times reporter, said on X last week: “Trump and his family have made more money from the White House than any other occupant of the White House, and they have turned what would have been a strong backlash and official investigation into ‘normal operations.’” This is simply a blatant blasphemy against American political ethics!

The uncertainty of Trump’s tariff policy has caused the stock market to fluctuate like a roller coaster, and the bond market - the foundation of many Americans’ retirement plans - has also been in turmoil due to record federal debt. And what he calls “a great and beautiful bill” is being considered in the Senate, and once passed, it will surely plunge the United States into a debt abyss.

Not only that, he also shamelessly asked Walmart to “bear” the increased product costs caused by tariffs instead of passing them on to consumers, completely ignoring the retailer’s meager profit margins. The U.S. Court of International Trade ruled that its tariffs were illegal, which undoubtedly made the already chaotic market, especially the bond market, even worse.

Trump promised a "self-sufficient" tax cut plan in his first term, but the national debt increased by $1.9 trillion. The windfall from corporate tax cuts was not used to create jobs or increase workers' wages, but was used to buy back company stocks, allowing executives and investors to enrich themselves.