Trump adviser Elon Musk hopes for ‘zero-tariff situation’ between US, Europe amid reciprocal tariffs

“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 during the interview.

Musk’s comments come amid President Trump’s announcement of a 20% reciprocal tariff on goods from the European Union. Italy, which has a large trade surplus with the United States, will also be subjected to a 20% tariff like other EU countries.

During the interview, Musk also said that he hopes to see a greater freedom of movement between the United States and Europe in the coming time.

“If people wish to work in Europe or wish to work in North America, they should be allowed to do so in my view,” said Musk, adding that he has advised this to President Trump as well.

Musk recently criticised Trump administration’s senior counselor for trade and manufacturing, Peter Navarro over tariffs and said, “A PhD in Econ from Harvard is a bad thing, not a good thing. He ain’t built sh*t.”

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