Elon Musk Desires ‘Zero’ Tariffs Between US and Europe

Elon Musk on Saturday stated he’d wish to see a “zero-tariff” system between the US and Europe, days after President Donald Trump carried out baseline “reciprocal” tariffs on dozens of buying and selling companions.

“I hope it is agreed that each Europe and the US ought to transfer ideally, in my opinion, to a zero-tariff state of affairs, successfully making a free commerce zone between Europe and North America,” Musk advised Italian Deputy Prime Minister Matteo Salvini nearly at a gathering of Italy’s League Get together. “That is what I hope happens.”

Beneath Trump’s newest tariff plan, which he introduced this week on what he referred to as “Liberation Day,” the European Union, which incorporates Italy, can be topic to a 20% tariff charge.

Musk has been one of the consequential figures of Trump’s second time period together with his plethora of cost-cutting efforts tied to the White Home DOGE workplace.

In the course of the speak, Musk additionally stated he’d wish to see elevated freedom for people to maneuver between Europe and North America.

“If individuals want to work in Europe or want to work in North America, they need to be allowed to take action, in my opinion,” he stated. “That has actually been my recommendation to the president.”