CEOs had said they’d speak out against Trump if stocks sink 20%. After the latest meltdown, they’re still silent but may be ready to act 

Quick Summary:

Elon Musk said Saturday he hopes for a "zero-tariff" system between the US and Europe that would create "a free-trade zone".

Still, the two-day stock rout after "Liberation Day" wiped out $6 trillion in market cap and marked the worst meltdown since the early days of the COVID-19 pandemic in 2020.

And earlier on Saturday, Musk belittled White House official Peter Navarro, who was reportedly a key figure on the tariff policy, suggesting on X that his Harvard degree is "a bad thing" and that he has never built anything.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United States

Topics: Tariffs and trade Chief executive officer (CEO) Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 19:38:15 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 679 words

Reading Time: 4 minutes read

Sentences: 5 lines

Sentence Length: 136 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27629257

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 56 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions