Elon Musk says he hopes for ‘zero tariffs’ between US and Europe

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US billionaire Elon Musk speaking via video link with Italian politician Matteo Salvini, in Florence, Italy, on April 5.

US billionaire Elon Musk speaking via video link to Italian politician Matteo Salvini in Florence, Italy, on April 5.

PHOTO: EPA-EFE

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ROME – US tech-billionaire Elon Musk said on April 5 he hoped in future to see complete freedom of trade between the United States and Europe, speaking days after US President Donald Trump announced tariffs on trading partners.

Mr Musk, a Trump adviser who has been working to eliminate wasteful US public spending, spoke via video link at a congress in Florence of Italy’s far-right co-ruling League party.

“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,” Mr Musk said.

Under

Mr Trump's plans

announced on April 2, Italy, which has a large trade surplus with the US, will be subject to a general tariff of 20 per cent along with other European Union countries.

Interviewed by League leader Matteo Salvini, Mr Musk, who has repeatedly expressed support for right-wing parties across Europe, said he also hoped to see greater freedom of movement between Europe and the US.

“If people wish to work in Europe or wish to work in North America, they should be allowed to do so in my view,” Mr Musk said, adding that this “has certainly been my advice to the President”.

Mr Musk, who has been close in the past to Italy’s rightist Prime Minister Giorgia Meloni and her Brothers of Italy party, has also expressed support for Mr Salvini’s League.

Both groups have a hard-right agenda based on law and order, tax cuts and cracking down on irregular immigration.

Italian Economy Minister Giancarlo Giorgetti, who is from the League, said earlier on April 5 that the government wanted “de-escalation” with the US following Mr Trump’s tariff announcement and warned against imposing retaliatory tariffs.

Mr Musk in March expressed gratitude to Mr Salvini after the League chief said Italy should pick his Starlink company to obtain a system for satellite communications. REUTERS

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