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Trump admin live updates: Trump says Musk will 'pay the consequences' if he funds Democrats

The president added that he "doesn't have to" try to repair their relationship.

Last Updated: June 7, 2025, 1:54 PM EDT

A bitter public feud between President Donald Trump and Elon Musk erupted on Thursday, with the Tesla billionaire agreeing to calls for Trump's impeachment while Trump suggested ending Musk's government contracts.

Musk showed some signs of softening his tone, but Trump on Friday told ABC News Musk was a "man who has lost his mind" and that he was "not particularly" interested in talking to him right now.

The spat began in part because of Musk's criticism of Trump's "One Big Beautiful Bill Act," a sweeping immigration and tax bill that would fund much of the president's domestic agenda.

Latest headlines:

Here's how the news is developing.
Jun 05, 2025, 11:46 AM EDT

German Chancellor Friedrich Merz arrives at White House

German Chancellor Friedrich Merz arrived at the White House and greeted President Donald Trump with a handshake before their meeting.

President Donald Trump welcomes German Chancellor Friedrich Merz at the White House in Washington, June 5, 2025.
Kevin Lamarque/Reuters

Jun 05, 2025, 9:38 AM EDT

Johnson says he'll speak to Musk Thursday morning

House Speaker Mike Johnson said he plans to speak directly with Elon Musk Thursday morning following the continued criticism of the “big, beautiful bill” during a Bloomberg TV interview.

“Look, Elon is a good friend. We texted late last night. We're going to talk this morning. I just want to make sure that he understands what I think everybody on Capitol Hill understands," he said."

Johnson said Musk "seems pretty dug in right now, and I can’t quite understand the motivation behind it."

House Speaker Mike Johnson speaks during a press conference at the Capitol, in Washington, June 4, 2025.
Will Oliver/EPA-EFE/Shutterstock

"But I would tell you that what we're delivering in this bill is not only historic tax cuts, but historic savings as well. He seems to miss that,” Johnson added.

-ABC News' Lauren Peller

Jun 05, 2025, 9:13 AM EDT

Trump and Xi talk on phone amid trade war, Chinese state media says

Chinese President Xi Jinping and President Donald Trump talked by phone Thursday amid a trade war between the two countries, according to Chinese state media.

President Donald Trump in Washington, May 21, 2025 and Chinese President Xi Jinping in Beijing, May 13, 2025.
AFP via Getty Images

Jun 05, 2025, 6:38 AM EDT

Trump to host German chancellor at White House Thursday

President Donald Trump is scheduled on Thursday to host Germany's newly elected chancellor, Friedrich Merz, in the Oval Office.

German Chancellor Friedrich Merz arrives for the cabinet meeting at the chancellery in Berlin, Germany, Wednesday, June 4, 2025.
Markus Schreiber/AP

The pair in their first face-to-fact meeting are likely to discuss U.S. and European support for Ukraine's defense against Russia, along with trade issues, including the Trump administration's international tariffs.

"Our alliance with America was, is, and remains of paramount importance for the security, freedom, and prosperity in Europe," Merz said in a social media post in German. "The USA is an indispensable friend and partner of Germany."

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