Tech billionaire Elon Musk, a key advisor to President Donald Trump, said he hopes to see a “zero customs situation” between the United States and Europe. This is a sharp contrast to the aggressive tariff strategy of Trump presented at the beginning of this week.
Practically addressing the league congress in Italy, organized by the right -wing Deputy Prime Minister Matteo Salvini, Musk said: “I hope that Europe and the United States, in my opinion, should ideally move to zero customs and effectively create a free trade zone between Europe and Northern America.”
He added that intermediate work mobility should also be supported: “If they wish to work in Europe or want to work in America, they should be allowed to be allowed, in my opinion. It certainly was my advice to the President.”
Rump doubles in the middle of the market
Muska’s remarks came only a few days after President Trump revealed sweeping tariffs on some of the largest business partners of the United States, including 20% of the European Union import obligation. The announcement culminated in global financial markets and marked some of the steepest one-day losses from the first months of Covid-19 pandemia.
Despite the will, Trump remained on Saturday in a social truth: “China and many other nations treated us unsustainably badly. We were stupid and helpless that whipped cream.” ”
“It’s an economic revolution and we win. It hangs hard, it won’t be easy, but the end result will be historical. We’ll, we’ll make America great again !!!”
During the White House action announcing Trump tariffs, the US claimed that the US was “excluded, plundered, raped and looted” by foreign trade policy and promised a new “golden age of America”.
European Signals of Retrinting
President of the European Commission Ursula von der Leyen published on X, formerly Twitter: “Europe is ready to respond. We always protect our interests and values. We are also ready to get involved. And go from confrontation to negotiation.”
EU leaders will be expected to meet retaliatory tariffs in the coming weeks, and some measures may be manifested before the end of the month.
While Musk has joined Trump on many questions and currently leads the newly created Ministry of Effectiveness of the Government, his open trade vision is sharply contrasting with the President’s protectionist approach.
(Tagstotranslate) Elon Musk