#TrumpVsMusk Elon Musk’s U-turn on Trump is striking:
After endorsing his 2024 campaign, he now warns Trump’s proposed tariffs could trigger a 2025 recession. Why? Musk cites unsustainable spending bills + aggressive trade barriers.
📉 Data adds fuel: Q1 2025 GDP already shrank -0.2%– the first contraction since 2022. Tariffs could spike inflation, hurt exports, and squeeze consumers.
💡 Takeaway: Market volatility likely. Hedge risks, watch USD pairs.