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After losing billions, Elon Musk hopes for “zero customs taxes” between the US and Europe

US billionaire Elon Musk said on Saturday that he hopes that in the future he will see a total freedom of trade between the United States and Europe, speaking a few days after US President Donald Trump announced the imposition of customs taxes, Reuters reports.

Elon Musk Photo Profimedia

Elon Musk Photo Profimedia

Musk, a Trump's advisor who strived to eliminate the waste from the American public expenses, spoke by video connection to a Congress in Florence of the Italian Party of Right Law.

“After all, I hope it will be agreed that both Europe and the United States should go ideally, in my opinion, to a situation with zero customs duties, actually creating an area of ​​free trade between Europe and North America.” Musk said.

According to Trump's plans announced on Wednesday, Italy, which has a great commercial surplus with the United States, will be subjected to a 20 % general tariff along with other countries in the European Union, according to News.

Interviewed by the leader Law Matteo Salvini, Musk, who repeatedly expressed his support for the right-wing parties throughout Europe, said he would also hope to see more freedom of circulation between Europe and the United States.

“If people want to work in Europe or want to work in North America, this should be allowed, in my opinion.”Musk said. “This was definitely my advice for the president”he added.

Musk, who was close to the past to the right Italian prime minister Giorgia Meloni and his party Fratelli d'Italia, also expressed his support for Salvini's Law.

Both formations have a hard right -handed agenda based on law and order, tax reductions and repression of illegal immigration.

The Italian Minister of Economy, Giancarlo Giorgetti, who is part of Law, said earlier on Saturday that the government wants a “dezazate “ with the US after Trump's announcement on tariffs and warned against imposing retaliation rates.

Last month, Musk expressed his gratitude to Salvini after the boss Legat said Italy should choose his company to obtain a satellite communications system.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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