Tariff tiff: Donald Trump, Elon Musk engage in war of words on Twitter
Last week Twitterati witnessed US President Donald Trump and SpaceX chief Elon Musk engage in a war of words over tariff issue.
Musk's tweet came in response to Trump's post that talked about America's "very good" relationship with China.
"China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States. Our relationship with China has been a very good one, and we look forward to seeing what ideas they come back with. We must act soon!" Trump tweeted on March 7.
China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States. Our relationship with China has been a very good one, and we look forward to seeing what ideas they come back with. We must act soon!
— Donald J. Trump (@realDonaldTrump) March 7, 2018
A day later, Musk tweeted out saying, "Do you think the US & China should have equal & fair rules for cars? Meaning, same import duties, ownership constraints and other factors."
Do you think the US & China should have equal & fair rules for cars? Meaning, same import duties, ownership constraints & other factors.
— Elon Musk (@elonmusk) March 8, 2018
Musk went on to talk about import duty on cars in the United States and China. He reasoned that an American car going to China pays a 25 per cent import duty, while a Chinese car coming the other way pays just 2.5 per cent, "It's like competing in an Olympic race wearing lead shoes," Musk tweeted.