San Francisco, CA – Tesla CEO Elon Musk expressed his desire for a “zero-tariff” system between the United States and Europe during a virtual meeting with Italian Deputy Prime Minister Matteo Salvini. This comes in response to President Donald Trump’s recent implementation of a 20% tariff rate for the European Union.
Musk emphasized the importance of creating a free trade zone between Europe and North America, advocating for a situation where tariffs are eliminated. He voiced his hope for increased freedom for individuals to move between the two regions, allowing for more fluidity in the labor market.
The Tesla founder’s comments come amidst Trump’s “Liberation Day” announcement of reciprocal tariffs on numerous trading partners, including the European Union. Musk’s stance on free trade aligns with his efforts to reduce costs, which have influenced policies within the current administration.
During the virtual discussion, Musk highlighted the benefits of loosening restrictions on labor mobility, suggesting that individuals should have the ability to work in both Europe and North America without barriers. His recommendations to the president reflect a broader vision for enhancing economic cooperation between the two continents.