Elon Musk Desires ‘Zero’ Tariffs Between US and Europe

Elon Musk on Saturday stated he’d prefer to see a “zero-tariff” system between the US and Europe, days after President Donald Trump applied 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 scenario, successfully making a free commerce zone between Europe and North America,” Musk instructed Italian Deputy Prime Minister Matteo Salvini just about at a gathering of Italy’s League Occasion. “That is what I hope happens.”

Underneath Trump’s newest tariff plan, which he introduced this week on what he known as “Liberation Day,” the European Union, which incorporates Italy, might be topic to a 20% tariff fee.

Musk has been probably the most consequential figures of Trump’s second time period along 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 prefer to see elevated freedom for people to maneuver between Europe and North America.

“If folks 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.”