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

STORY: :: Musk says helium hopes for a ‘zero-tariff situation’ betwixt Europe and the U.S. astatine an Italian conference

:: Elon Musk, Tesla CEO

'Well, I anticipation that the United States and Europe tin found a precise adjacent partnership. We evidently are, there's an confederation already, but I'm hopeful that determination tin beryllium a precise adjacent narration with America and Europe. And I'm hopeful, for example, with the tariffs, that astatine the extremity of the day, I anticipation it is agreed that some Europe and the United States should determination ideally, successful my view, to a zero-tariff situation, efficaciously creating a escaped commercialized portion betwixt Europe and North America.”

:: Florence, Italy

:: April 5, 2025

Musk, a Trump advisor who has been moving to trim U.S. nationalist spending, spoke via video-link astatine a legislature successful Florence of Italy's right-wing, co-ruling League Party.

Under Trump's plans announced connected Wednesday, Italy, which has a ample commercialized surplus with the United States, volition beryllium taxable to a wide tariff of 20% on with different European Union countries.