• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Peter Navarro, former Director of U.S. Office of Trade and Manufacturing, participates in an 11th Hour Faith Leaders Meeting in Concord, North Carolina, U.S., October 21, 2024. Brian Snyder
Peter Navarro, former Director of U.S. Office of Trade and Manufacturing, participates in an 11th Hour Faith Leaders Meeting in Concord, North Carolina, U.S., October 21, 2024. Brian Snyder
Home
World
United States

Trump adviser Navarro dismisses Musk as 'car assembler' after tariff comments

April 7th, 2025 | 13:49 PM WORLD United States 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Trump the builder carves his legacy in stone as pressures mount
Washington Dulles airport gains approval for $19.9 billion overhaul
IndyCar race comes to Washington, tracing a city reshaped by Trump
Trump put thousands of soldiers on Washington’s streets. They seldom stop crime  
By Reuters

Peter Navarro, President Donald Trump's top trade adviser, on Monday dismissed tech-billionaire Elon Musk's push for "zero tariffs" between the United States and Europe, calling the Tesla CEO a "car assembler" reliant on parts from other countries.

Navarro, widely seen as the architect of Trump's tariff plans, told CNBC Musk had done a good job with his work to streamline government, but his comments on tariffs were not surprising given his role as "car person," the latest salvo in a growing feud between the Trump advisers.

"When it comes to tariffs and trade, we all understand in the White House - and the American people understand - that Elon is a car manufacturer, but he's not a car manufacturer. He's a car assembler," Navarro said, adding that many Tesla parts came from Japan, China and Taiwan.

"He's a car person. That's what he does, and he wants the cheap foreign parts."

Musk, speaking by video link at a congress of Italy's right-wing, co-ruling League Party just days after Trump announced hefty reciprocal tariffs against nearly 60 countries, said he hoped Europe and the United States agreed to "a zero tariff situation, effectively creating a free trade zone."

Trump's plans call for European Union countries to face a general tariff of 20%.

Tesla has seen its quarterly sales drop sharply amid a backlash against Musk's work with a new "Department of Government Efficiency." The company's shares are trading at $227.32 on Monday morning, about half their 52-week high.

U.S. share prices fell sharply again on Monday amid recession fears and concerns about the impact of Trump's sweeping tariffs. The S&P 500 index was down more than 20% from its all-time highs, putting the most closely followed benchmark for U.S. equities on track to confirm a bear market.

Navarro said he had not spoken with Musk since his post on X over the weekend suggesting Navarro's "PhD in Econ from Harvard is a bad thing, not a good thing," but said the two men would likely see each other at the White House on Monday, adding the personal comment was "no big deal."

He said the difference centered on Trump's push to reshore U.S. manufacturing, while Musk was reliant on foreign parts to manufacture Tesla vehicles in the United States.

"The difference is in our thinking and Elon's on this is that we want the tires made in Akron. We want the transmissions made in Indianapolis. We want the engines made in Flint and Saginaw, and we want the cars manufactured here," Navarro said.

  • Topic
  • USA
  • TRUMP/MUSK
  • NAVARRO (UPDATE 1, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Trump the builder carves his legacy in stone as pressures mount

Related Posts

United States
August 19th, 2026

Trump the builder carves his legacy in stone as pressures mount

United States
August 19th, 2026

Washington Dulles airport gains approval for $19.9 billion overhaul

United States
August 19th, 2026

IndyCar race comes to Washington, tracing a city reshaped by Trump

United States
August 19th, 2026

Trump put thousands of soldiers on Washington’s streets. They seldom sto...

United States
August 18th, 2026

DOJ issues subpoenas in probe of Alaska candidate with same name as Sena...

United States
August 18th, 2026

US housing market remains under pressure in July; factory output rises

The Wire
Aug 20th 5 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 6 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 6 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 6 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 7 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT