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Saturday, 28 June 2025
Economy

Donald Trump and Elon Musk’s feud erupts over tax bill

Donald Trump and Elon Musk’s feud erupts over tax bill

This article is an on-site version of our firstft newsletter. Customers can sign up for us Asia, Europe/Africa Or Of america Morning every week to get newspapers. Explore all our newspapers Here

Welcome back to Good Morning, Happy Friday and Firstft Asia. In today’s newspaper:

  • Trump-mascles coalition collapses

  • America and China agree to new trade talks

  • Inside the rise of Akio Toyoda


Donald Trump has attacked Elon Musk as “crazy” and threatened to rip his government contracts. What do you know about the quarrel between the two most powerful men in the world here.

War of words: Speaking at the Oval Office yesterday, Trump said he was “very disappointed” in Tesla Boss for his signature and criticizing the bill, and he suggested that he was trying to protect his business interests. “I snatched his EV mandate. And he just went mad!” Trump wrote on Truth Social. As the row deepened, Kasturi said in a post on X that Trump was late Pidophile Jeffrey Epstein, saying: “A good day, DJT!” Read full story,

Market response: Tesla’s market value faced it Largest one day’s decline on record Yesterday, Trump indicated that he could eliminate American government contracts with Musk’s companies. Tesla Cell-off ended the session through US stock markets, S&P 500 and Tech-Havi Nasdaq Composite with 0.5 percent and 0.8 percent respectively.

What else are we doing here today:

  • Economic Data: Reports of Vietnam and Thailand may be CPI inflation figures.

  • India Monetary Policy: The Reserve Bank of India is widely expected Rate cuts Today. (Reuters).

How many good news did you make this week? Take our quiz,

Five more top stories

1. Trump agreed with Xi Jinping to start a new round of high-level trade talks between the US and China As the leaders of the two countries demanded to reduce the commercial tension intensifying the global economy. Trump and Xi spoke on the phone yesterdayIn his first known conversation, the US President returned to the White House.

2. Citragroup has closed 3,500 technology employees in the mainland China As part of the bank’s push to streamline its global operations amid cost cuts and widespread changes attempts. Divisions are affected here,

3. European Union businesses are advocating Beijing to install a special channel for fast-track sugar approval Rare Earth export licenses for “reliable” companies, as strict control over China’s vital mineral shipments threatens supply chains worldwide. European officials have warned that their Factories are in danger of shutdown Causes of Chinese measures.

4. Muhammad Yunus of Bangladesh has vowed to stay in power till late in 2010, To hand over the reins to an elected government soon despite the political upheaval growing and call from opponents and parts of the army. Nobel prize Now he is facing allegations of coming to power,

5. Indonesia has introduced $ 1.5 billion stimulation measures to promote consumer expenses, Hope to combat a slow growth in the form of commodity prices and business concerns killed South-East Asia’s largest economy. Jakarta started Grant Subsidy for millions of homes for tomorrow and two months.

Fat magazine

Toyota Motor Board chair Akio Toyoda © Yuchi Yamajaki/AFP/Getty Images

There is no corporate leader such as Akio Toyoda. More than 20 people who know about the founding family of Toyota spoke to FT magazine on their rise – and Trees during his reign On a huge empire.

We are also studying. , ,

  • Nicotine Pouch: Industry leaders hope that the growing popularity of products like Zyn will promote revenue. But Can it save large tobacco?

  • Why Maga Hate World Europe: Trump’s team is taking its American culture war Across Atlantic With implications for western alliance.

  • Builder.ai Fall: The choice of Qatar’s sovereign wealth funds and microsoft realize that they may have supported a business that reports extensively Artificial revenue,

Day chart

Test your knowledge about how Trump’s trade war has actually affected import duties. These charts are all incomplete – they make one Interactive test of trump taco theoryHow can you fill them?

Take a break from news

A 120-year-old Japanese stationery company launched a self-exploited “micromotation” device-a gizmo that attachs your pen or pencil to measure how much handwriting you have (and beaten your progress against everyone else). Leo Lewis explains how it works, and what it says about it Our passion with self-satisfaction,

'Otona No Yarukipen' (Adult Prerna Pain)
‘Otona No Yarukipen’ (Adult Prerna Pen), a tool that tracks writing progress © Kokuyo

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