Billionaire Elon Musk says he hopes the U.S. and Europe can develop their economic relationship toward eliminating the need for tariffs.
Musk made the statement during a video interview with Italian Deputy Prime Minister Matteo Salvini on Saturday.The billionaire says he has advised President Donald Trump to bolster the relationship with European countries.
“At the end of the day, 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,” Musk said.
He went on to say he would like to see greater freedom of movement between Europe and the U.S. as well.
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Billionaire Elon Musk says he hopes to see a free trade zone between the U.S. and Europe. (BRENDAN SMIALOWSKI/AFP via Getty Images)
“If people wish to work in Europe or wish to work in North America, they should be allowed to do so in my view,” Musk said, adding that this “has certainly been my advice to the president.”
Musk’s statement comes less than a week after Trump unveiled sweeping tariffs against virtually every major country on earth.