Credited from: FORBES
Elon Musk, the billionaire tech entrepreneur and chief of Tesla, has called for the establishment of a “zero-tariff situation” between the United States and Europe, aiming to create a comprehensive free trade zone. His remarks came during a video conference hosted by Italy's far-right League Party in Florence on April 5, 2025, only days after U.S. President Donald Trump announced significant tariffs on European goods.
During the conference, Musk expressed his vision for a mutually beneficial trade partnership, stating, “I hope it's agreed that both Europe and the United States should move ideally, in my view, to a zero-tariff situation, effectively creating a free trade zone between Europe and North America.” This call for freer trade comes amidst Trump's implementation of a 20 percent tariff on imports from European Union countries, including Italy, which is expected to exacerbate economic tensions.
Musk also discussed the need for greater freedom of movement for workers between the two regions, indicating that “if people wish to work in Europe or wish to work in North America, they should be allowed to do so in my view.” His statements reflect a consistent theme with his past advocacy for abolishing tariffs, a stance he maintained during Trump's prior term regarding trade with Britain.
The tech mogul’s remarks have drawn attention as he has increasingly aligned himself with right-wing political factions in Europe, promoting similar agendas. His dialogue with League leader Matteo Salvini addressed concerns over restrictive immigration policies and EU regulations, which Musk perceived as burdensome. Earlier, he expressed support for the League's position on broader issues impacting economic policies.
Musk has previously shown solidarity with far-right political movements across Europe, including support for Marine Le Pen in France and the Alternative for Germany party. His involvement comes amid a backdrop of escalating economic uncertainty due to Trump's tariff strategies, which have led to significant market drops and raised fears of a trade war.
As the European Union prepares to respond to Trump's tariff measures, Musk’s advocacy for a free trade zone emphasizes a desire for closer economic ties, challenging the current trend of increasing protectionism. Musk's expanding influence in political forums signals a notable shift in the conversation surrounding US-EU trade relations.
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