logo
‘That might explain the black eye': Did Elon Musk get beaten up by Scott Bessent? Social media reacts

‘That might explain the black eye': Did Elon Musk get beaten up by Scott Bessent? Social media reacts

Time of India5 hours ago

Internet had a field day after reports claimed that
Elon Musk
was involved in a physical altercation with Treasury Secretary Scott Bessent inside the White House, leading to a storm of memes and speculation, with many wondering if that's how the billionaire ended up with a black eye.
According to the New York Post, the clash happened in mid-April when both men presented competing plans for the Internal Revenue Service to US President
Donald Trump
. The Washington Post quoted former White House adviser Steve Bannon as saying the president ultimately backed Bessent's proposal, sparking tension.
The situation escalated after the meeting. Bannon told the Washington Post that Musk and Bessent left the room hurling insults near the Oval Office.
'Scott said, 'You're a fraud. You're a total fraud,' Bannon recalled, referencing Musk's aggressive push to cut $1 trillion in government spending as head of the Department of Government Efficiency (DOGE).
Things then allegedly turned physical. 'The verbal spat turned allegedly physical when the tech billionaire rammed his shoulder into Bessent's rib cage 'like a rugby player,' prompting the treasury chief to fight back,' the paper said Bannon claimed.
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Madonna's Daughter Steals the Spotlight with Her Gorgeous Red Carpet Look
CleverClassic
Undo
Bannon added, 'It took multiple people to break up the playground tussle,' and said Musk was quickly removed from the West Wing. 'President Trump heard about it and said, 'This is too much.''
As the story gained traction, users across platforms shared their reactions. One person commented, 'That might explain the black eye,' while others joked about the bizarre image of two powerful men fighting in the White House like schoolboys.
Scott Bessent is openly gay and has been married to former New York City prosecutor
John
Freeman since 2011.
As reports of the altercation emerged during Pride Month in June, social media had a field day imagining the world's richest man getting beaten up by a gay banker.
Here are some of the social media reactions:
Steve Bannon has also called for a federal probe into Musk's immigration status, saying he should be deported 'immediately.' Reports say Musk, who is originally from South Africa, is now a US citizen.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump Accuses China Of Breaking Trade Agreement After Brief Diplomatic Détente
Trump Accuses China Of Breaking Trade Agreement After Brief Diplomatic Détente

Hans India

timean hour ago

  • Hans India

Trump Accuses China Of Breaking Trade Agreement After Brief Diplomatic Détente

President Donald Trump has publicly accused China of breaching their recently negotiated trade agreement, marking an abrupt end to what he described as his charitable approach toward Beijing during a period of economic crisis. The accusation comes just weeks after Trump agreed to significantly reduce punitive tariffs on Chinese imports from an unprecedented 145 percent to 30 percent, while China reciprocated by lowering its tariffs on American goods from 125 percent to 10 percent. This mutual reduction was part of a temporary 90-day arrangement designed to ease escalating trade tensions between the world's two largest economies. In a lengthy statement posted on his Truth Social platform, Trump expressed frustration over what he perceives as China's failure to honor their commitments. He described his earlier decision to negotiate the tariff reduction as an act of compassion toward China during what he characterized as severe economic distress. According to Trump's account, the original 145 percent tariffs had created devastating conditions in China, forcing factory closures and triggering what he termed "civil unrest." He claimed that witnessing China's economic suffering prompted him to quickly negotiate a deal to prevent further deterioration of the situation, despite the leverage his tough tariff policy had provided. The President emphasized that his intervention had successfully stabilized China's economy and allowed normal business operations to resume, benefiting all parties involved. However, he now alleges that China has completely violated the terms of their agreement, prompting his declaration that his days of being accommodating are over. This development follows statements from Treasury Secretary Scott Bessent indicating that trade negotiations between the two nations have reached an impasse. Bessent told Fox News that meaningful progress would require direct engagement between Trump and Chinese President Xi Jinping, highlighting the complexity of the ongoing discussions. The current trade dispute resolution had emerged from intensive negotiations held in Geneva, Switzerland, representing the first high-level diplomatic talks between Washington and Beijing since Trump implemented the severe tariff measures. The temporary agreement was initially seen as a positive step toward defusing the brewing trade conflict. However, Bessent noted that while the interim deal helped stabilize financial markets, it failed to address fundamental American concerns regarding China's state-controlled economic system. Consequently, the Trump administration has shifted its attention to pursuing trade discussions with other major partners, including Japan, India, and the European Union. The trade relationship has also faced legal challenges domestically. A US trade court recently ruled that Trump had overstepped his executive authority when imposing most tariffs on Chinese and other imports under emergency powers legislation. However, a federal appeals court quickly reinstated the tariffs within 24 hours, temporarily suspending the lower court's decision while reviewing the government's appeal. The appeals court has established a timeline for resolving the legal dispute, requiring plaintiffs to submit their responses by June 5 and the administration to respond by June 9. This legal uncertainty adds another layer of complexity to the already strained trade relationship between the two economic superpowers. The breakdown of the brief diplomatic progress suggests that finding a lasting resolution to US-China trade tensions may prove more challenging than initially anticipated, despite both nations' apparent interest in avoiding a prolonged economic conflict.

Trump warns Musk of ‘serious consequences' if he backs Democrats
Trump warns Musk of ‘serious consequences' if he backs Democrats

Mint

time2 hours ago

  • Mint

Trump warns Musk of ‘serious consequences' if he backs Democrats

Next Story Brian Schwartz , Annie Linskey , The Wall Street Journal The billionaire deleted social-media posts that sought to connect Trump to disgraced financier Jeffrey Epstein. Musk spent about $300 million backing Trump and Republican candidates in the 2024 elections. Photo: AP Gift this article BEDMINSTER, N.J.—President Trump warned former right-hand-man Elon Musk to stay out of the midterm elections, threatening 'very serious consequences" if he backed Democrats in the campaign. BEDMINSTER, N.J.—President Trump warned former right-hand-man Elon Musk to stay out of the midterm elections, threatening 'very serious consequences" if he backed Democrats in the campaign. Musk, who crossed Trump by staunchly opposing his 'big, beautiful" tax-and-spending bill over deficit concerns, said last week that anyone who votes for this bill should be fired. Some Democrats have suggested that they try to win Musk over to their side, despite his being villainized by the party for his sweeping cuts to government staff. The billionaire spent about $300 million backing Trump and Republican candidates in the 2024 elections. Asked by NBC News on Saturday if Trump was concerned that Musk could start funding Democratic candidates, Trump said 'he'll have to pay very serious consequences if he does that," but declined to provide specifics. In the NBC interview Trump said he had 'no reason to" repair his relationship with Musk, after their breakup played out in real time on Thursday. Asked whether his relationship with the billionaire businessman was over, Trump said, 'I would assume so." Musk deleted social-media posts in which he attempted to connect the president with convicted sex-offender Jeffrey Epstein. As the men's relationship imploded on Thursday, Musk wrote on X that Trump's name appeared in documents stemming from a federal investigation of Epstein, insinuating that he was in some way linked to the late disgraced financier's criminal behavior. On Friday, Musk wrote, 'I will apologize profusely as soon as there is a full dump of the Epstein files." Both posts have been removed from Musk's X feed. The president and his senior aides said Trump has no connection to Epstein's crimes. Trump called the allegations 'old news" in the NBC interview. 'Donald Trump didn't do anything wrong with Jeffrey Epstein," Vice President JD Vance said in a recent podcast interview. Behind the scenes, some people close to Trump and Musk have sought to organize a phone call between the two men in an attempt to hash out their differences, according to people familiar with the matter. David Sacks, a venture capitalist who acts as Trump's AI and crypto czar, has been privately encouraging Musk to call the president to try to mend the relationship, according to people familiar with the matter. James Fishback, a businessman and supporter of both Trump and Musk, encouraged Musk on social media to apologize to the president. A spokeswoman for Sacks declined to comment. But Trump has said repeatedly in interviews he has no interest in talking to Musk, and the president's advisers played down the possibility of a call. A senior White House official reiterated that Trump has no immediate plans to speak with Musk, adding that the president is in the process of moving on after the high-profile clash with the billionaire. The official said Musk's decision to delete his social-media posts about Epstein isn't enough to repair the relationship. After Fishback wrote in a social-media post that Musk should apologize to Trump, Fishback heard from White House officials, who thanked him for his support, but said—at least for now—that the relationship between the president and the Tesla CEO is over, a person with knowledge of the conversation said. Long before Trump and Musk had their public falling out, some White House staff privately clashed with the billionaire, including Sergio Gor, the head of the White House Personnel Office. Issues between Musk and Gor intensified during a mid-March cabinet meeting, where Musk complained extensively about what he said was the slow pace of hiring aides to fill agencies. Musk's complaints were seen as an effort by Musk to embarrass Gor in front of the cabinet, according to several people familiar with the episode. But Gor was prepared to push back on Musk's broadsides, and had statistics about the pace of hiring at his fingertips, some of the people said. Steven Cheung, the White House communications director, said in a statement that Gor is a vital member of Trump's team. 'As a long-time advisor, there is nobody more capable of ensuring the government is staffed with people who are aligned with the mission to make America great again and work towards implementing the president's agenda," Cheung said. Though Musk has toned down some of his harsh rhetoric over the past 48 hours, he has continued to raise concerns on his X account about what he argues is out-of-control spending by the federal government. And he has continued publicly discussing the possibility of starting a new political party that he argues would better represent the majority of voters. He wrote on X that he plans to call it The America Party. Trump and his senior advisers have tried to refocus their attention on passing Trump's tax-and-spending bill, which cleared the House last month and is now being debated in the Senate. 'I'm too busy doing other things. You know, I won an election in a landslide. I gave him a lot of breaks, long before this happened," Trump told NBC when asked if he has any desire to repair his relationship with Musk. 'I think it's a very bad thing, because he's very disrespectful. You could not disrespect the office of the president." Topics You May Be Interested In Catch all the Business News, Politics news,Breaking NewsEvents andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates.

Tariff Tracker, June 8: What ‘TACO effect' says about Trump policies, and what's next for US-China talks
Tariff Tracker, June 8: What ‘TACO effect' says about Trump policies, and what's next for US-China talks

Indian Express

time2 hours ago

  • Indian Express

Tariff Tracker, June 8: What ‘TACO effect' says about Trump policies, and what's next for US-China talks

Dear reader, It was a particularly mercurial week for the Donald Trump administration, beginning with the US and China trading accusations over reneging on their trade deal last month in Geneva. On Friday (June 6), the US President announced that talks would be held with China this Monday. On Wednesday (June 4), Trump attempted to suspend international admissions to Harvard University for the second time in recent weeks. A federal judge again stayed the order. However, the rapid deterioration in the relationship between Trump and his former 'special government employee,' Elon Musk, was perhaps the most talked-about development. On May 30, the two parted on seemingly amicable terms even as the billionaire CEO sported a black eye and dismissed an explosive report from The New York Times, detailing his alleged drug use. Come Tuesday, Musk described the 'One Big Beautiful Bill' – the Republican Party's signature policy, tax and spending megabill – as a 'disgusting abomination' that would 'defeat ' the savings he claims to have achieved while advising the government on efficiency in recent months. Trump told reporters that their relationship had deteriorated, saying he was 'very disappointed' with Musk. Over the next two days, the disagreement reached social media – the preferred mode of communication for both Musk and Trump. They launched tirades on their respective media platforms, X and Truth Social. At its peak, Trump threatened to revoke the government contracts of SpaceX, the space tech company owned by Musk, while the latter accused the President of being featured in the infamous Epstein Files. But on Friday night, Musk had deleted his post alleging Trump's association with the infamous paedophile Jeffrey Epstein. These multiple issues have lent credence to a buzzword that a journalist coined in jest, and is now being co-opted by both Wall Street and the Democratic Party. On May 2, the Financial Times commentator Robert Armstrong used the phrase 'Trump Always Chickens Out' while reflecting on the aftermath of a month of Trump's Liberation Day tariff announcements. You will recall that on April 2, Trump announced a 10% baseline tariff on all trading partners, and country-specific rates on those countries with which the US has maintained trade deficits. He announced a 90-day pause in the second category on April 9, promising to complete 90 deals with 90 countries in this period. According to Armstrong, the decline and subsequent revival in stocks (chiefly tech stocks) and the inverse trajectory followed by gold, were indicative of 'markets realising that the US administration does not have a very high tolerance for market and economic pressure, and will be quick to back off when tariffs cause pain.' He called this the 'Trump Always Chickens Out', or simply, the TACO effect. The phrase seemed to explain what had ensued since April, with Trump's yo-yoing tariff announcements – first with Canada and Mexico, then the reciprocal tariffs, and ultimately China. On May 23, he threatened to increase tariffs on the European Union to 50%, but backtracked two days later. Amidst the atmosphere of economic uncertainty, markets are learning to read into this phenomenon with every successive (tariff) announcement. Trump's back-and-forth on tariffs on the EU presented one discernible trend to market analysts, with UBS Wealth Management's Global Chief Economist, Paul Danovan, writing, 'These retreats are so frequent that investors should rationally expect them.' Trump himself does not seem to be a fan of the acronym, which was brought to his attention by a reporter on May 29. When asked what he thought about the phrase, he called that a 'nasty question'. An analysis by The Washington Post on June 3 posits that the President might take this as an affront on multiple levels. First is the political, since it would no longer seem that he plans to follow through on his threats, making his decisions seem 'less strategic and more like bluster'. Then there is the personal, given his background as a businessman. He had compared the US to a 'giant department store' only in April, for which his administration will 'set the price' for countries seeking to do business with it. Unlike other countries, China did not immediately seek dialogue with Trump in the wake of his tariff announcements. Every tariff threat was matched with a terse warning and reciprocal countermeasures. Trump announced a 10% fentanyl tariff on China in February, doubling this in March, following Chinese countermeasures on Liquefied Natural Gas, coal, and farm machinery, among other products. As the trade war escalated, so did the bilateral tariffs, with the US charging 145% tariffs on imports from China, and China responding with 125% tariffs on American goods. Additionally, China restricted rare earths exports through an elaborate licensing system, citing a national security risk, and barred certain American companies from doing business in China. When the two countries announced a truce on May 12, investors and markets worldwide heaved a sigh of relief. The truce had reduced mutual tariffs by 115% and was set to last 90 days. However, the Trump administration has objected to the sluggish pace at which China has moved to ease its non-tariff barriers, especially in clearing rare earths mineral exports. The latest edition of our China tracker, China This Week, noted the effects of the shortfall: some European auto parts plants have suspended production, while the FT on June 7 reported that China had agreed to fast-track rare earths exports for EU businesses. Both the US and China accused each other of not honouring the truce they achieved in May. Earlier this week, China's Commerce Ministry alleged that the US imposed several restrictions against it, including AI chip export control guidance, limiting sales of chip design software – electronic design automation (EDA) – to China, and announcing the revocation of visas for Chinese students. It also protested US Defence Secretary Pete Hegseth's remarks at a defence conference in Singapore, accusing him of trying to 'sow division.' Hegseth had described China as an 'imminent' threat. Trump has long expressed interest in connecting with Chinese President Xi Jinping over a call to iron out the differences, which ultimately materialised on June 5. In a social media post, he said that the two had a lengthy and 'very good' phone call for about 90 minutes. A day later, he confirmed in a social media post that Treasury Secretary Scott Bessent would lead the American delegation meeting with their Chinese counterparts in London on Monday for renewed trade talks. There is little clarity on what the upcoming round of talks may yield. A CNN analysis indicated that China's response to Trump's economic sanctions has been to view these in the context of their overall bilateral relations. China's export control regime, which it announced in April, will likely remain in place, even as it chooses to expedite rare earths exports depending on the friendliness between the two nations, it said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store