Free Trade Zone Between Europe and North America: Elon Musk Swipes at Trump’s Tariff Guy
Elon Musk advocates for no tariffs on international trade between the United States and the European Union.
During an event hosted on Saturday by Italy’s Deputy Prime Minister Matteo Salvini, Musk said:
I hope it is 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 Notrh America.
In addition, he said that he hoped there would be more freedom for people to move between the two regions.
That said, Musk’s views appear to be in stark contrast with US President Donald Trump’s approach. On April 2nd, he slammed a new batch of tariffs on literally every country in the world, including 20% levies on imports from the European Union (on certain goods).
At the same time, Musk took a jab at Peter Navarro, a White House aide and one of the chief proponents of Trump’s tariff plans.
“A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/braings >>1 problem.”
Navarro has a PhD in economics from Harvard University. Navarro also responded on Sunday, saying that Musk is “simply protecting his own interests,” among other things.
Reuters reports that the EU is seeking to present a unified front in the coming days against said tariffs, aiming to approve a first set of “targeted countermeasures” on targeted imports from the United States worth some $28 billion.
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