7 hours Ago By Diana George
Elon Musk on Monday seemed to back a pointed quote by economist Thomas Sowell that read, "In every disaster throughout American history, there always seems to be a man from Harvard in the middle of it." The quote surfaced during an online discussion about Peter Navarro, a prominent advocate of the Trump administration's new reciprocal tariffs. Backing the quote, Musk responded with a simple, "Yup".
The fresh round of tariffs, announced under Donald Trump's leadership, has stirred debate. Navarro, who supports the measures, recently appeared on CNN to defend the move. A clip of his interview was shared on X by a user who praised Navarro’s credentials and clarity: “Here is Peter Navarro explaining the tariffs and contrary to the paid fake expert class that is usually on corporate media, Peter Navarro has a PhD in economics from Harvard.
He’s also not going to lie to you about what is happening to a globalist agenda. Notice how he uses specific details instead of blank statements, like chaos agent, and destroying America.” Musk didn't hold back in his reply.
"A PhD in Econ from Harvard is a bad thing, not a good thing," he wrote. He added another jab, saying it "results in the ego/brains>>1 problem." When another user chimed in dismissing the need for academic credentials—"Navaro is correct Phd or n Phd.
no PHd here, just been obsessed with trade for quite a while"—Musk responded sharply: "He ain't built shit". The exchange unfolded as markets reeled from the impact of the tariff announcement, marking the worst trading week in five years. Musk, along with other tech leaders, took a financial hit.
According to CNBC, the Tesla CEO has lost more than $30 billion since the policy was unveiled. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News, World and around the world..
