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Honda cuts EV development budget by 30 per cent

Honda cuts EV development budget by 30 per cent

Perth Now3 days ago
Honda is the latest automaker to scale back its electric vehicle (EV) plans, with some of the money saved going to hybrid drivetrain development instead.
According to The Nikkei, Honda has reduced its spending on EV models due for launch by 2030 from ¥10 trillion (A$100 billion) to ¥7 trillion (A$70 billion).
This could be a reaction to the slower-than-expected rate of growth of EV adoption in many markets across the world, as well as the scrapping of the US$7500 federal tax rebate for EVs passed as part of US President Donald Trump's One Big Beautiful Bill Act.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert
One of the casualties from the budget cut is reportedly a three-row SUV aimed primarily at the North American market, and initially envisaged as a competitor to the Kia EV9 and Hyundai Ioniq 9.
Other manufacturers have also changed their large EV SUV plans, with Ford cancelling its large electric crossover, and Toyota USA delaying a similar model from 2026 to 2028. Nissan has also delayed its US-focussed Xterra electric SUV and its Infiniti sibling by a few years.
Despite trimming the EV budget by a third, there are still a number of EVs on Honda's horizon. These include the radically styled 0 SUV and 0 Saloon (above) unveiled at this year's Consumer Electronics Show in Las Vegas. Supplied Credit: CarExpert
Honda is also jointly developing the Afeela 1 electric sedan with Sony. With a projected starting price just below US$90,000 (A$138,000), the Afeela 1 will be a competitor to the Lucid Air, and will likely sell in small numbers.
There's also a city-friendly hatchback based on the Super EV Concept that will debut at this week's Goodwood Festival of Speed. Around the size of a kei car, the Super EV looks to be a successor of sorts to the retro E hatch.
Earlier this month Honda officially ditched its goal of EVs accounting for 30 per cent of its global sales by 2030, and instead wants ride to the hybrid wave. To that end, the Japanese automaker has committed to launch 13 new hybrid models by 2027, including the upcoming Civic-based Prelude coupe. Supplied Credit: CarExpert
By 2030, Honda expects to sell around 2.2 million hybrid models every year. For reference, the automaker sold 3.7 million cars of all stripes across the world last year.
For China, Honda has developed its own dedicated EV platform that's currently used for a pair of SUVs, and the rather attractive Ye GT fastback (above). These are sold in addition to a clutch of HR-V based electric models.
Outside of China, though, Honda's EV offerings are slim. There are no Honda EVs for sale in Australia, and in Europe just one model is available: the HR-V-based e:Ny1, while in the States the company offers the GM-built and engineered Honda Prologue and Acura ZDX.
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Trump threatens Canada with higher tariff, mulls further global levies
Trump threatens Canada with higher tariff, mulls further global levies

News.com.au

time2 hours ago

  • News.com.au

Trump threatens Canada with higher tariff, mulls further global levies

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said in a late-night letter to Prime Minister Mark Carney that upends negotiations between the close allies. The notice was the latest of more than 20 such letters Trump has issued since Monday as he continues to widen a global trade war, adding in an interview that countries which have yet to receive a letter from him would see a 15 percent or 20 percent levy. Canada's 35 percent tariff marks a step up from an existing 25 percent level, but products complying with the United States-Mexico-Canada Agreement (USMCA) are expected to remain exempt, a Trump administration official told AFP. Canadian energy resources are anticipated to still face a lower levy, the official said, while noting that Trump has yet to make final decisions on the matter. Trump told reporters Friday that Ottawa reached out following the release of his letter: "I think it was fairly well received. It is what we need. So we'll see what happens." Canada and the United States have been locked in trade negotiations in hopes of reaching a deal by July 21, but Trump's latest threat appeared to have shifted that deadline. Both Canada and Mexico are trying to find ways to satisfy Trump so the USMCA free trade deal uniting the three countries can be put back on track. "Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1," Carney posted Thursday night on X. The USMCA replaced the previous NAFTA accord in July 2020, after Trump successfully pushed for a renegotiation during his first term in office. It was due to be reviewed by July next year, but Trump has thrown the process into disarray by launching trade wars after he returned to office in January. Canadian and Mexican products were swiftly hit by 25 percent US tariffs this year, with a lower rate for Canadian energy. Trump targeted both North American neighbors saying they did not do enough on illegal immigration and the flow of illicit drugs -- particularly fentanyl -- across borders. Canada contributes less than one percent of the drug to the illicit US supply, according to Canadian and US government data. Trump eventually announced exemptions for goods entering his country under the USMCA, covering a large range of products. - Reciprocity - Thursday's letter came despite what had been warming relations between Trump and Carney, who has faced the brash Republican's regular musings that Canada should become the 51st US state. The Canadian leader visited the White House on May 6 and had a cordial Oval Office meeting with Trump. They met again at the G7 summit last month in Canada, where leaders pushed Trump to back away from his punishing trade war. Canada also agreed to rescind taxes impacting US tech firms that had earlier prompted Trump to retaliate by calling off trade talks. Separately, Trump announced in an interview with NBC that he was thinking of slapping blanket tariffs of 15-20 percent on countries that had not yet received his letters. The letters announced tariff rates on Brazil of as much as 50 percent, to kick in on August 1 unless better terms can be found before then. Trump told NBC that the letter to the 27-country European Union, a major US trading partner, would be sent "today or tomorrow (Friday)." Brazilian President Luiz Inacio Lula da Silva said Thursday that he is willing to negotiate with Washington after Trump said he would hit South America's biggest economy with his tough tariff. He however reiterated that the Brazilian government is evaluating reciprocity measures. In his letter to Lula, Trump criticized the treatment of his right-wing ally Jair Bolsonaro, the former Brazilian president.

EU waits as Trump keeps world guessing on tariff plans
EU waits as Trump keeps world guessing on tariff plans

The Advertiser

time3 hours ago

  • The Advertiser

EU waits as Trump keeps world guessing on tariff plans

The European Union is bracing for a possible letter from US President Donald Trump outlining planned duties on his country's largest trade and investment partner. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult talks have led to the realisation it will probably have to settle for an interim agreement and hope something better can still be negotiated. The 27-country bloc is under conflicting pressures as powerhouse Germany urged a quick deal to safeguard its industry while other EU members, such as France, have said EU negotiators should not cave into a one-sided deal on US terms. After keeping much of the world guessing his intentions, Trump has outlined new tariffs for a number of countries, including allies Japan and South Korea, along with a 50 per cent tariff on copper and a hike to 35 per cent on Canadian goods. Trump's cascade of tariff orders since returning to the White House has begun generating tens of billions of dollars a month in new revenue for the US government. US customs duties revenue shot past $US100 billion ($A152 billion) in the federal fiscal year through to June, according to US Treasury data on Friday - equal to or greater than the largest annual take ever from customs duties. "We remain locked and loaded to sign an agreement with the US. Let's see what happens when our friends in Washington wake up a few hours from now," EU spokesman Olof Gill told a briefing. A source with knowledge of the US-EU negotiations said an agreement was close but that it was hard to predict if the EU might still get a letter announcing more tariffs or when any agreement might be finalised. An EU diplomat, speaking on condition of anonymity, said the EU was strong when it acted together. "It is important that the pain or gain is distributed equally. We cannot have just one country or sector that takes the win." Trump's 35 per cent tariff on Canada is an increase from the current 25 per cent rate he had assigned and is a blow to Canadian Prime Minister Mark Carney, who was seeking to agree a trade pact with the US. According to Trump, the new rate will take effect on August 1 and could go up further if Canada retaliates. "Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1," Carney said on X. The EU has drawn up countermeasures against Trump's tariffs but has not imposed them. An initial 21 billion euros ($A37.2 billion) of levies on US imports due in April was suspended before taking effect. Another package, on 72 billion euros of US imports, could also be applied. "Basically, if a political decision is made to extend the suspension, then we'll extend the suspension," Gill said. "If we need to unsuspend it, we can do that, you know, at the drop of a hat," he added. Elsewhere US Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi in Kuala Lumpur on Friday, as the two powers vied to push their agendas in Asia. Both sides described the meeting as constructive. China this week warned the United States against reinstating hefty levies on its goods next month and China has also threatened to retaliate against countries that strike deals with the US to cut China out of supply chains. The European Union is bracing for a possible letter from US President Donald Trump outlining planned duties on his country's largest trade and investment partner. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult talks have led to the realisation it will probably have to settle for an interim agreement and hope something better can still be negotiated. The 27-country bloc is under conflicting pressures as powerhouse Germany urged a quick deal to safeguard its industry while other EU members, such as France, have said EU negotiators should not cave into a one-sided deal on US terms. After keeping much of the world guessing his intentions, Trump has outlined new tariffs for a number of countries, including allies Japan and South Korea, along with a 50 per cent tariff on copper and a hike to 35 per cent on Canadian goods. Trump's cascade of tariff orders since returning to the White House has begun generating tens of billions of dollars a month in new revenue for the US government. US customs duties revenue shot past $US100 billion ($A152 billion) in the federal fiscal year through to June, according to US Treasury data on Friday - equal to or greater than the largest annual take ever from customs duties. "We remain locked and loaded to sign an agreement with the US. Let's see what happens when our friends in Washington wake up a few hours from now," EU spokesman Olof Gill told a briefing. A source with knowledge of the US-EU negotiations said an agreement was close but that it was hard to predict if the EU might still get a letter announcing more tariffs or when any agreement might be finalised. An EU diplomat, speaking on condition of anonymity, said the EU was strong when it acted together. "It is important that the pain or gain is distributed equally. We cannot have just one country or sector that takes the win." Trump's 35 per cent tariff on Canada is an increase from the current 25 per cent rate he had assigned and is a blow to Canadian Prime Minister Mark Carney, who was seeking to agree a trade pact with the US. According to Trump, the new rate will take effect on August 1 and could go up further if Canada retaliates. "Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1," Carney said on X. The EU has drawn up countermeasures against Trump's tariffs but has not imposed them. An initial 21 billion euros ($A37.2 billion) of levies on US imports due in April was suspended before taking effect. Another package, on 72 billion euros of US imports, could also be applied. "Basically, if a political decision is made to extend the suspension, then we'll extend the suspension," Gill said. "If we need to unsuspend it, we can do that, you know, at the drop of a hat," he added. Elsewhere US Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi in Kuala Lumpur on Friday, as the two powers vied to push their agendas in Asia. Both sides described the meeting as constructive. China this week warned the United States against reinstating hefty levies on its goods next month and China has also threatened to retaliate against countries that strike deals with the US to cut China out of supply chains. The European Union is bracing for a possible letter from US President Donald Trump outlining planned duties on his country's largest trade and investment partner. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult talks have led to the realisation it will probably have to settle for an interim agreement and hope something better can still be negotiated. The 27-country bloc is under conflicting pressures as powerhouse Germany urged a quick deal to safeguard its industry while other EU members, such as France, have said EU negotiators should not cave into a one-sided deal on US terms. After keeping much of the world guessing his intentions, Trump has outlined new tariffs for a number of countries, including allies Japan and South Korea, along with a 50 per cent tariff on copper and a hike to 35 per cent on Canadian goods. Trump's cascade of tariff orders since returning to the White House has begun generating tens of billions of dollars a month in new revenue for the US government. US customs duties revenue shot past $US100 billion ($A152 billion) in the federal fiscal year through to June, according to US Treasury data on Friday - equal to or greater than the largest annual take ever from customs duties. "We remain locked and loaded to sign an agreement with the US. Let's see what happens when our friends in Washington wake up a few hours from now," EU spokesman Olof Gill told a briefing. A source with knowledge of the US-EU negotiations said an agreement was close but that it was hard to predict if the EU might still get a letter announcing more tariffs or when any agreement might be finalised. An EU diplomat, speaking on condition of anonymity, said the EU was strong when it acted together. "It is important that the pain or gain is distributed equally. We cannot have just one country or sector that takes the win." Trump's 35 per cent tariff on Canada is an increase from the current 25 per cent rate he had assigned and is a blow to Canadian Prime Minister Mark Carney, who was seeking to agree a trade pact with the US. According to Trump, the new rate will take effect on August 1 and could go up further if Canada retaliates. "Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1," Carney said on X. The EU has drawn up countermeasures against Trump's tariffs but has not imposed them. An initial 21 billion euros ($A37.2 billion) of levies on US imports due in April was suspended before taking effect. Another package, on 72 billion euros of US imports, could also be applied. "Basically, if a political decision is made to extend the suspension, then we'll extend the suspension," Gill said. "If we need to unsuspend it, we can do that, you know, at the drop of a hat," he added. Elsewhere US Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi in Kuala Lumpur on Friday, as the two powers vied to push their agendas in Asia. Both sides described the meeting as constructive. China this week warned the United States against reinstating hefty levies on its goods next month and China has also threatened to retaliate against countries that strike deals with the US to cut China out of supply chains. The European Union is bracing for a possible letter from US President Donald Trump outlining planned duties on his country's largest trade and investment partner. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult talks have led to the realisation it will probably have to settle for an interim agreement and hope something better can still be negotiated. The 27-country bloc is under conflicting pressures as powerhouse Germany urged a quick deal to safeguard its industry while other EU members, such as France, have said EU negotiators should not cave into a one-sided deal on US terms. After keeping much of the world guessing his intentions, Trump has outlined new tariffs for a number of countries, including allies Japan and South Korea, along with a 50 per cent tariff on copper and a hike to 35 per cent on Canadian goods. Trump's cascade of tariff orders since returning to the White House has begun generating tens of billions of dollars a month in new revenue for the US government. US customs duties revenue shot past $US100 billion ($A152 billion) in the federal fiscal year through to June, according to US Treasury data on Friday - equal to or greater than the largest annual take ever from customs duties. "We remain locked and loaded to sign an agreement with the US. Let's see what happens when our friends in Washington wake up a few hours from now," EU spokesman Olof Gill told a briefing. A source with knowledge of the US-EU negotiations said an agreement was close but that it was hard to predict if the EU might still get a letter announcing more tariffs or when any agreement might be finalised. An EU diplomat, speaking on condition of anonymity, said the EU was strong when it acted together. "It is important that the pain or gain is distributed equally. We cannot have just one country or sector that takes the win." Trump's 35 per cent tariff on Canada is an increase from the current 25 per cent rate he had assigned and is a blow to Canadian Prime Minister Mark Carney, who was seeking to agree a trade pact with the US. According to Trump, the new rate will take effect on August 1 and could go up further if Canada retaliates. "Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1," Carney said on X. The EU has drawn up countermeasures against Trump's tariffs but has not imposed them. An initial 21 billion euros ($A37.2 billion) of levies on US imports due in April was suspended before taking effect. Another package, on 72 billion euros of US imports, could also be applied. "Basically, if a political decision is made to extend the suspension, then we'll extend the suspension," Gill said. "If we need to unsuspend it, we can do that, you know, at the drop of a hat," he added. Elsewhere US Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi in Kuala Lumpur on Friday, as the two powers vied to push their agendas in Asia. Both sides described the meeting as constructive. China this week warned the United States against reinstating hefty levies on its goods next month and China has also threatened to retaliate against countries that strike deals with the US to cut China out of supply chains.

‘Nearly impossible': Elon Musk's new political party faces massive challenges
‘Nearly impossible': Elon Musk's new political party faces massive challenges

News.com.au

time4 hours ago

  • News.com.au

‘Nearly impossible': Elon Musk's new political party faces massive challenges

Elon Musk's effort to break up the duopoly of American politics is extremely unlikely to succeed, for reasons we shall explore, but he could still play a crucial role as a spoiler. This past week the Tesla and SpaceX boss, who until recently was a member of President Donald Trump's inner circle and his biggest donor, said he was creating the 'America Party' as an alternative to the Democrats, and to Mr Trump's Republicans. 'When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy,' he said last Saturday. 'Today, the America Party is formed to give you back your freedom.' You can see, there, an allusion to Mr Trump's 'Big, Beautiful Bill', the massive piece of budget legislation that has now been signed into law by the President. It is projected to grow America's already considerable national debt by trillions of dollars. And for that reason, Mr Musk has opposed it vociferously, describing the bill as 'disgusting'. Mr Musk, who's worth hundreds of billions of dollars, does have the funds he would need to make a third party viable in America's particularly money-soaked political system. The almost $US300 million he gave to get Mr Trump elected last year barely registered as a dent on his personal wealth. But even in the United States, money is far from everything. David Smith is an Associate Professor in American Politics and Foreign Policy with the United States Studies Centre, at the University of Sydney. He outlined the various challenges Mr Musk will face with this new party, should he decide to persist with it. 'Before we even think about the peculiarities of Elon, we just need to remember how hard it is for any third party to break into American politics,' Professor Smith told 'There have been a couple of parties that have been trying for decades, the Libertarians and the Greens. They never win any seats in Congress, and they never get more than a couple of percentage points in the presidential vote. That's despite the fact there will be millions of Americans who agree with them. 'The reason is the American electoral system. Winner takes all, all the way down.' In Australia, you can vote for a Green, or a Teal, or an independent, and then preference one of the major parties. So even if your preferred minor candidate fails to win, your vote doesn't die with them; it still matters in deciding whether Labor or the Coalition takes the seat. 'We can vote for One Nation and still preference the Coalition. We can vote for the Greens and still preference Labor. If you vote for a minor party, that doesn't mean giving away your right to choose between the two parties who will actually win,' Prof Smith explained. The structure of our Senate is another factor that restrains the dominance of the major parties. 'In the Upper House, we have proportional representation, which means that if a party gets 10 per cent of the vote, generally they get 10 per cent of the seats,' he said. 'These are the ways we let minor parties into the system. There's just nothing like that in the United States.' The American system does not have preferences, and that kneecaps third-party candidates. Say you're running for Congress under Mr Musk's banner in next year's midterms. How do you convince people they wouldn't be throwing their votes away by supporting you? 'There is no way for third parties or for independents to really break into that system, because when Americans vote for a third party or an independent, they are effectively giving up their choice over whether the Democrats or the Republicans will win,' Prof Smith said. 'That's how entrenched the two-party system is. When every single race is just 'whoever gets the most votes wins', people believe it's going to be one of the big parties. They are going to be very reluctant to vote for anybody else. 'So it's nearly impossible for any third party or candidate, no matter how much money they have, to break in from outside. 'What we see in the US is that, when outsiders come in, they do it through the major parties.' One glaringly obvious example of this comes to mind: the current President, Mr Trump. When he entered politics in 2015 after flirting with the idea for decades, Mr Trump did not mount an independent campaign for the presidency. Instead he sought the Republican Party's nomination, and vanquished a field of more conventional party insiders to claim it. Fast forward a decade, and the party has become his own. He transformed American politics from within one of the major parties, not from without. 'Trump managed to win a Republican primary without having ever been in politics before,' Prof Smith noted. 'In New York, we've just seen Zohran Mamdani, a democratic socialist, winning the Democratic primary. 'So that is how outsiders come into American politics. It's through the major parties. It's not from outside of them. 'Really, anybody would find it very difficult to bring in a new party that could do anything except sometimes act as a spoiler, which is what the Greens and Libertarians do.' In fairness to Mr Musk, his stated aim here with the America Party is not some pie in the sky fantasy like winning the presidency. Rather he has spoken of claiming a handful of congressional seats, or maybe three or four Senate seats, which would give his party huge influence over the passage of legislation. The idea is that neither major party could get anything done without Musk-backed votes. Even that goal, however, is a stretch. The structural problem, the hostility of America's system towards third parties, still lurks in the background. 'Even that is a really tall order,' Prof Smith said of Mr Musk's target. 'When you look at the records of people from outside the two major parties contesting these races, it's very rare that you see someone getting above 20 per cent. And that's really unusual. Usually it's a lot lower than that. 'When he's talking about targeting particularly close and high profile House races: those will be the races where people are most aware of the potential spoiler effect. So that could actually be a problem, targeting those races, because those might be the ones where people are particularly averse to voting for anyone other than the major parties.' Another problem: how can Mr Musk's new party attract talent, given the most ambitious among America's potential politicians will know their easiest route to prominence and power is to sign up with the Republicans or Democrats? Contrary to what you might think, watching the Democrats flail around fecklessly, and the Republicans' efforts to pioneer heretofor unthinkable levels of spinelessness, the quality of the candidate in these congressional races does matter. 'Talented candidates are going to realise that if they really want to hit the big time, they're going to need to go through a major party,' said Prof Smith. 'Elon himself has very high name recognition, which is a huge bonus when you're trying to get into politics, as it was for Trump. 'But of course, Elon himself could never run for president. He would have to find somebody else to front his party, and it wouldn't be anybody with the kind of name recognition he has.' America's Constitution bars anyone other than a natural-born citizen from becoming president. Mr Musk is a citizen, but he was born in South Africa. Which places him in the role of party founder and funder, but restricts his capacity to personally lead it. Still, he will be inescapably associated with the America Party. And that, too, could present a challenge. Or several. 'The other thing that's working against him is it's not really clear what his constituency would be,' Prof Smith said. 'I mean, Elon's supporters are generally, these days, a section of the Republican Party. Some of them might really like what Elon has to say. He wants low taxes, he wants a lot less regulation of everything. He's got this futuristic vision of a tech-led America. 'But really, most of those people are, at the end of the day, going to vote Republican. It's going to be a big concern, for them, to get Democrats out, and to do that, they vote for the Republicans, they don't vote for Elon. 'They will be conscious that if they were to vote for Elon, they might actually be taking votes away from the Republican Party. 'Elon, I suppose the party that he'd be closest to currently, apart from the Republicans, would be the Libertarians, and they've already got their own established constituency. It's really hard to see what niche he is filling in American politics.' Prof Smith did stress that, even if the America Party were to fall short of winning races, 'there are other ways' in which Mr Musk could exert his influence on politics. 'His candidates could be spoiler candidates, just siphoning a few votes off Republicans. He could, given his money and resources, he could run massive advertising campaigns. So he can definitely influence politics and exercise power, in a way, but I just don't see his party being very likely to get representation.' The other factor here of course, the other billionaire with a famously large ego in the conversation, is Mr Trump. And the President did feel the need to weigh in on Mr Musk's new party this week. 'I think it's ridiculous to start a third party,' he told reporters. 'It has always been a two-party system, and I think starting a third party just adds to the confusion.' He was a touch ruder on social media, accusing Mr Musk of going 'off the rails' and 'essentially becoming a trainwreck'. 'He even wants to start a third political party, despite the fact that they have never succeeded in the United States,' Mr Trump wrote. Prof Smith said that, to be fair, 'some of the stuff' Mr Trump threw at Mr Musk this week 'is probably true'. 'The fact that Trump is spending so much time on this, though – what it shows you is Republicans, like the Democrats, they get very, very worried about potential spoilers. 'In the lead-up to the 2016, 2020 and 2024 elections, all parties spent massive efforts to try to get spoilers out of the race.' As the foremost example, he cited Robert F. Kennedy Jr, the son of former US attorney-general Robert F. Kennedy. Mr Kennedy, an environmental lawyer who gained a following as something of a conspiracy theorist on health matters – vaccines, etc – ran as an independent last year before eventually dropping out and endorsing Mr Trump. His reward was to be appointed Secretary of Health and Human Services, putting him in charge of federal health policy. Which is worth a whole other article, another time. 'In the middle of 2024, it looked like he could seriously siphon some votes away from Donald Trump, so Trump basically got him out of the race by buying him off, by promising him the Health and Human Services position,' said Prof Smith. 'So these parties will do anything to try to keep spoiler candidates out of the race. What I think you would see is Republicans mounting all kinds of efforts to try to keep Elon's party off the ballot in various states.' That leads to some complicated legal calculus. 'This is where the whole sort of localised complexity of US politics becomes a problem for Elon because every state has different requirements for parties getting on the ballot, some of which are quite onerous,' he said. 'I'm sure there will be a lot of legal challenges. Given how close some of these races are, even a spoiler candidate who gets a few thousand votes could be a real problem. 'So the thoughtfulness of Trump's reaction shows that, while Elon doesn't have a hope of winning any seats, he certainly could siphon a few vital votes away.'

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