In fight with Trump, Musk is the weakest side of the rope, says expert

And when we look at this, the dollar only tends to harm, if it really in the long run it is confirmed, the increase in US spending. All Trump said he would do, that it was to reduce spending, the law is coming in the opposite direction.
Gabriel Redivo

Trump suggested that he can break the contracts that the government maintains with musk companies. The two started a public clash when the X owner called the Republican’s new budget “disgusting abomination.”

For Redivo, the proposal presented in recent weeks will have a direct impact on investors and is linked to US debt growth, now around $ 36 trillion.

The bill has been launched in the last 15 days will directly affect the investor, I think it is the main point, and that it is linked to the American public debt, which today the ceiling has been frozen. But this year began to become, again, to talk about the American spending ceiling, which is in the $ 36 trillion, the American debt is at that level.

Increasingly this law brings a preview of an increase in spending, American debt over the next ten years, and that is what is generating all this repercussion, this buzz.

For the expert, the proposed measures dilute the fiscal adjustment efforts of recent months.