
Trump says Musk to face 'very serious consequences' if he funds Democrats
BEDMINSTER: Donald Trump said on Saturday there would be 'serious consequences' if Elon Musk funds U.S. Democrats running against Republicans who vote for the president's sweeping tax-cut and spending bill and said his relationship with his billionaire donor is over.
In a telephone interview with NBC News, Trump declined to say what those consequences would be, and went on to add that he had not had discussions about whether to investigate Musk.
Asked if he thought his relationship with the Tesla and SpaceX CEO was over, Trump said, 'I would assume so, yeah.'
'No,' Trump told NBC when asked if he had any desire to repair his relationship with Musk.
Musk and Trump began exchanging insults this week, as Musk denounced Trump's bill as a 'disgusting abomination.' Musk's opposition to the measure is complicating efforts to pass the bill in Congress, where Republicans hold a slim majority in the House of Representatives and Senate.
The bill narrowly passed the House last month and is now before the Senate, where Trump's fellow Republicans are considering making changes. Nonpartisan analysts estimate the measure would add $2.4 trillion to the U.S. debt over 10 years.
Trump said on Saturday he is confident the bill would get passed by the U.S. July 4 Independence Day holiday.
'In fact, yeah, people that were, were going to vote for it are now enthusiastically going to vote for it, and we expect it to pass,' Trump told NBC.
Musk had deleted some social media posts critical of Trump, including one that signaled support for impeaching the president, appearing to seek a de-escalation of their public feud, which exploded on Thursday.
Trump late on Friday suggested a review of federal government contracts held by Musk. People who have spoken to Musk said his anger has begun to recede and they think he will want to repair his relationship with Trump.
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Malaysian Reserve
11 minutes ago
- Malaysian Reserve
Trump warns Musk not to back Democrats as Vance aims for detente
PRESIDENT Donald Trump said Elon Musk will pay 'very serious consequences' if the billionaire tech mogul funds Democratic candidates that challenge lawmakers who backed Republicans' tax-and-spending bill. Trump, in a phone interview with NBC News' Kristen Welker, also said he has no desire to repair his relationship with Musk. The two had a public falling out on Thursday. 'I gave him breaks in my first administration, and saved his life in my first administration, I have no intention of speaking to him,' Trump said in the interview, calling Musk 'disrespectful' and that he assumes the relationship is over. The world's richest man backed Trump and Vice President JD Vance's election campaign in 2024 and headed the Department of Government Efficiency's cost-cutting efforts. His alliance with Trump broke apart in dramatic fashion, however, after Musk spoke out against the tax bill backed by the president. Musk has argued the bill would add to the deficit and undermine his efforts to slash government spending. Trump and his allies, in turn, have pointed to the bill's plan to phase out electric vehicle tax credits that benefit electric carmaker Tesla Inc. as the reason for Musk's outrage. Trump also told NBC that he doesn't think Musk has the power to sink the tax bill and said he is 'very confident' the measure will pass by July 4. Vance expressed hopes that Musk eventually 'comes back into the fold' during an interview on the podcast 'This Past Weekend w/ Theo Von' released on Saturday. Trump had encouraged Vance to speak diplomatically about Musk before his appearance on the podcast, according to a person familiar with the situation who shared details on condition of anonymity. The public feud shaved $34 billion from Musk's personal net worth in a single day, while Tesla lost $153 billion of market value on Thursday. Trump said he hadn't given his earlier suggestion about canceling Musk's companies' federal contracts any more thought, according to NBC. 'I'd be allowed to do that,' he said. 'I haven't given it any thought.' –BLOOMBERG


The Star
26 minutes ago
- The Star
Japan flexes its military muscle at China, and Trump
OKINAWA: The ship-slaying missiles of the Japanese army's 7th Regiment are mounted aboard dark green trucks that are easy to move and conceal, but for now, the soldiers are making no effort to hide them. Created in 2024, the fledgling regiment and its roving missile batteries occupy a hilltop base on the island of Okinawa that can be seen for miles. The visibility is intentional. The 7th is one of two new missile regiments that the army, called the Ground Self-Defence Force, has placed along the islands on Japan's south-western flank in response to an increasingly robust Chinese navy that frequently sails through waters near Japan. 'Our armaments are a show of force to deter an enemy from coming,' said Colonel Yohei Ito, the regiment's commander. China is not their only target. The display is also for the United States, and particularly President Donald Trump, who has criticised Japan for relying too heavily on the presence of US military bases for its security. The missiles are part of a defence build-up that is central to Japan's strategy for appealing to Mr Trump. While Tokyo is now deep in negotiations with Washington over lifting new tariffs, its top priority is improving security ties. On June 6, Japan's trade envoy, Ryosei Akazawa, met for 2½ hours in Washington with Treasury Secretary Scott Bessent and Mr Howard Lutnick, the secretary of commerce, for talks on a tariff-lifting deal that will probably see Tokyo promise large purchases of energy, computer chips and weapons. By adding new missiles and other advanced weapons, both American-made and domestically developed, Japan is transforming its long-restricted military into a potent force with the skills and technology to operate alongside America's ships and soldiers, to demonstrate that Japan is an indispensable partner. 'We want to be sure the US has our backs, and enhancing our conventional military capabilities is the way to do that,' said Nobukatsu Kanehara, who was deputy head of national security policy from 2014 to 2019 under then Prime Minister Shinzo Abe. 'We want to show President Trump that we are a valuable and essential ally.' Given the growing military strength of nearby China and also North Korea, Japan wants to upgrade the defence alliance with the US by becoming a fuller-fledged military partner and moving further from the pacifism enshrined in its constitution adopted after World War II. With the war in Ukraine stirring fears of a similar Chinese move on the democratic island of Taiwan, Japan announced in 2022 it would double spending on national security to about 2 per cent of gross domestic product. The resulting defence build-up is now under way. Japan is buying expensive weapon systems from the US like the F-35B stealth fighter and Tomahawk cruise missiles that will give Japan the ability to strike targets on enemy soil for the first time since 1945. The spending is also revitalising Japan's own defence industry. At a trade show in May near Tokyo, Japanese manufacturers displayed weapons currently under development, including a hypersonic missile, a laser system for shooting down drones, and a jet fighter to be built with Italy and Britain. Japan is also demonstrating a new resolve to fight alongside the US during a future crisis. When he visited Tokyo this spring, Defence Secretary Pete Hegseth praised a plan to create a new 'war-fighting headquarters' in Tokyo where Japanese and American commanders will work side by side. 'During our discussions, I told him how Japan is making our own strong efforts to drastically strengthen our defence capabilities,' Mr Gen Nakatani, the Japanese defence minister, said after meeting with Hegseth. 'We face the most severe security environment that Japan has encountered since the end of the war.' It has been made even more severe by the uncertainty from Washington. While Japan's leaders and policymakers see strong support from Mr Hegseth and other hardliners on China, like Secretary of State Marco Rubio, they remain worried about America First isolationists who could try to pull back the US military in Asia. There is also the unpredictability of Trump. Their biggest fear is that the US President might suddenly strike a grand strategic deal with China's leader, Xi Jinping, that would cede Japan and its neighbours to Beijing's sphere of influence. 'We need to convince Trump and the Maga (Make America Great Again) camp that Japan is too good to give away,' said Professor Satoru Mori, a professor of international politics at Keio University in Tokyo. 'It's in the US' interest not to let Japan fall into China's sphere.' The Chinese government has criticised Japan's acquisition of offensive weapons as a return to wartime militarism. Japan is hedging its bets by reaching out to other partners. In addition to the fighter plane jointly developed with Britain and Italy, it has strengthened defence relations with Australia, offering to sell it advanced Japanese-made frigates. Tokyo also sent a warship and soldiers to the Philippines in May to join a multinational military exercise for the first time. If Washington proves unreliable, Japan has an ultimate fallback: tonnes of plutonium stockpiled from its civilian nuclear power industry, which it could use to build a nuclear arsenal of its own. So far, the national trauma from the 1945 atomic bombings of Hiroshima and Nagasaki has kept such an option off the table. 'We need to think about a Plan B, if the US does withdraw from Asia,' said Mr Kazuto Suzuki, director of the Institute of Geo-economics, a Tokyo-based think-tank. -- NEW YORK TIMES via The Straits Times/ANN


Daily Express
an hour ago
- Daily Express
Musk has ‘lost his mind', says Trump
Published on: Sunday, June 08, 2025 Published on: Sun, Jun 08, 2025 By: AFP Text Size: Donald Trump (left) and Elon Musk. WASHINGTON: US President Donald Trump said Friday that Elon Musk had 'lost his mind' but insisted he wanted to move on from the fiery split with his billionaire former ally. The blistering public break-up between the world's richest person and the world's most powerful is fraught with political and economic risks all round. Advertisement Trump had scrapped the idea of a call with Musk and was even thinking of ditching the red Tesla he bought at the height of their bromance, White House officials told AFP. 'Honestly I've been so busy working on China, working on Russia, working on Iran... I'm not thinking about Elon Musk, I just wish him well,' Trump told reporters aboard Air Force One en route to his New Jersey golf club late Friday. Earlier, Trump told US broadcasters that he now wanted to focus instead on passing his 'big, beautiful' mega-bill before Congress — Musk's harsh criticism of which had sparked their break-up. But the 78-year-old Republican could not stop himself from taking aim at his South African-born friend-turned-enemy. Advertisement 'You mean the man who has lost his mind?' Trump said in a call with ABC when asked about Musk, adding that he was 'not particularly' interested in talking to the tycoon. Trump later told Fox News that Musk had 'lost it.' Just a week ago Trump gave Musk a glowing send-off as he left his cost-cutting role at the so-called Department of Government Efficiency (DOGE) after four months working there. While there had been reports of tensions, the sheer speed at which their relationship imploded stunned Washington. After Musk called Trump's spending bill an 'abomination' on Tuesday, Trump hit back in an Oval Office diatribe on Thursday in which he said he was 'very disappointed' by the entrepreneur. Trump's spending bill faces a difficult path through Congress as it will raise the US deficit, while critics say it will cut health care for millions of the poorest Americans. The row then went nuclear, with Musk slinging insults at Trump and accusing him without evidence of being in government files on disgraced financier and sex offender Jeffrey Epstein. Trump hit back with the power of the US government behind him, saying he could cancel the Space X boss's multi-billion-dollar rocket and satellite contracts. Trump struck a milder tone late Friday when asked how seriously he is considering cutting Musk's contracts. 'It's a lot of money, it's a lot of subsidy, so we'll take a look — only if it's fair. Only if it's to be fair for him and the country,' he said. Musk apparently also tried to de-escalate social media hostilities. The right-wing tech baron rowed back on a threat to scrap his company's Dragon spacecraft — vital for ferrying NASA astronauts to and from the International Space Station. And on Friday the usually garrulous poster kept a low social media profile on his X social network. But the White House denied reports that they would talk. 'The president does not intend to speak to Musk today,' a senior White House official told AFP. A second official said Musk had requested a call. Tesla stocks tanked more than 14 percent on Thursday amid the row, losing some $100 billion of the company's market value, but recovering partly Friday. Trump is now considering either selling or giving away the cherry red Tesla S that he announced he had bought from Musk's firm in March. The electric vehicle was still parked on the White House grounds on Friday. 'He's thinking about it, yes,' a senior White House official told AFP when asked if Trump would sell or give it away. Trump and Musk had posed inside the car at a bizarre event in March, when the president turned the White House into a pop-up Tesla showroom after viral protests against Musk's DOGE role. But while Trump appeared to hold many of the cards, Musk also has some to play. His wealth allowed him to be the biggest donor to Trump's 2024 campaign, to the tune of nearly $300 million. Any further support for the 2026 midterm election now appears in doubt — while Musk could also use his money to undermine Trump's support on the right. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia