Musk wants us, Europe moves to Zero-Tar Fif free trade zone
Elon Musk wants a “zero riff” system between the US and Europe, which effectively creates a “free trade zone,” said on Saturday, days after the taxation set by President Donald Trump sent the global market to the tailspin.
“Both Europe and the US should ideally move to a zero-charge situation that effectively creates free trade zones between Europe and North America,” Musk told Italian deputy Prime Minister Matteo Salvini.
His remarks at the right-wing league party gathering in Florence are in stark contrast to Trump’s global tariff levies. Musk has been a key advisor since January and was a major campaign donor before that.
The president repeatedly accused the European Union of unfairness, saying that the Bullock was created to “screw” the United States. His vice president, JD Vance, lectured Europeans to “run with fear from their voters,” saying that European values are different from those in the US.
On Wednesday, Trump announced a 20% tariff on goods entered the US from the European Union as part of almost every country’s trade tax. The Bullock said he likes to negotiate a settlement but is ready to retaliate.countermeasureIt targets its own tariffs, taxable services and American tech companies when needed.
Earlier on Saturday, Musk appeared to be swiping over Peter Navarro, a senior White House official who has long pushed his biggest approach to tariffs. A series of replies to a post xMusk suggested that Navarro’s Harvard degree was “bad” and that Navarro, a former economics professor who served in Trump’s first term, never built anything.
Masks, which are frequently present in oval offices, play a temporary role in the Trump administration and are not directly involved in trade policy. Trump said this week that Musk is likely to leave the White House in “a few months.”
His Tesla Inc., which manufactures many of its electric vehicles in California and Texas,Less exposureMore than other carmakers for Trump’s car rates that came into effect this week. But Musk says Tesla, which has a huge presence in China, will also feel pain.
In his remarks in Florence, Musk also added that he wanted a deeper partnership between the US and Europe, and greater mobility for those who wanted to work in the US or Europe.
“That was certainly my advice to the president,” he told attendees via video link. They did not elaborate whether the advice would involve tariffs, freedom of movement, or both.
read more:The cost of courting Trump stacks up for Giorgia Meloni in Italy
Salvini has launched a fascinating Musk attack in recent weeks, just as signs have emerged that relations with billionaire Prime Minister Giorgia Meloni have begun to cool down.
Bloomberg reported in March that Italy had itI got cold feetAmid a major shift in geopolitics, it has surpassed the 1.5 billion euro ($1.64 billion) contract for SpaceX’s Starlink system.
Musk is expected to retreat from his role in leading the government’s cost-cutting division of efficiency while Trump’s 130-day period as a temporary adviser.
This story was originally introduced Fortune.com