Musk Advocates Zero Tariffs Between US, Europe Amid Trade Tensions
Musk Advocates Zero Tariffs Between US, Europe Amid Trade Tensions

Musk Advocates Zero Tariffs Between US, Europe Amid Trade Tensions

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In the wake of President Donald Trump's new 10% global tariffs, Elon Musk expressed his hope for a future free-trade zone between the United States and Europe during a video address to Italy's League Party. Musk advocated for eliminating tariffs entirely, stating that this would facilitate greater freedom of movement for workers between the two regions. His comments come as the European Union has threatened a 20% tariff in response to Trump's measures, which have raised concerns of a trade war. Musk, a known supporter of various right-wing parties in Europe, has advised Trump on economic matters, pushing for policies that favor closer US-European ties. Italian officials, including Economy Minister Giancarlo Giorgetti, are calling for a de-escalation regarding the tariffs to avoid retaliatory measures. The situation remains tense as nations grapple with the implications of the new tariffs on international trade.

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