Elon Musk has reignited his criticism of Donald Trump’s trade policies, warning that the president’s proposed tariffs could tip the U.S. into a recession. Responding to Dogecoin co-creator Billy Markus — known on X as @BillyM2k — who wrote,

The tech billionaire has suddenly fallen out with Donald Trump, and the two are jousting on social media.

Elon Musk has predicted that the continuation of the Trump-era tariffs will lead to a recession in the latter half of the year. This warning comes as economic analysts assess the broader impact of trade policies on the market.