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Musk hopes US, Europe move to zero-tariff free-trade zone

 Donato Paolo Mancini / Bloomberg
Donato Paolo Mancini / Bloomberg • 3 min read
Musk hopes US, Europe move to zero-tariff free-trade zone
Musk, a frequent presence in the Oval Office, is serving in a temporary role in Trump’s administration and hasn’t been directly involved in trade policy. / Bloomberg
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Elon Musk hopes for a “zero-tariff” system between the US and Europe that would effectively create “a free-trade zone,” he said on Saturday, days after levies set by US President Donald Trump sent global markets into a tailspin.

“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 told Italian Deputy Prime Minister Matteo Salvini.

The remarks to a gathering of the right-wing League party in Florence stand in contrast to the imposition of global tariffs by Trump. Musk has been a key adviser since January and, before that, was a major campaign donor. 

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