Elon Musk Pushes Free Trade Zone Between EU and US – A Direct Hit on Trump's Tariff Agenda

Elon Musk has once again stirred the global stage — this time, with bold remarks about international trade. While President Donald Trump escalates his global tariff war, Musk is calling for the creation of a zero-tariff free trade zone between the United States and the European Union. At a time of growing protectionism, Musk offers a radically different vision for the global economy.

📣 Musk in Europe: “Zero Tariffs, Free Movement of People” During an event hosted by Italian Deputy Prime Minister Matteo Salvini, Musk declared:

“I hope we can agree that Europe and the United States should ideally move to a zero-tariff situation — effectively creating a free trade zone between Europe and North America.”

He also called for greater freedom of movement for people between the two regions. For many observers, Musk’s comments stand in stark contrast to Washington’s current strategy, especially after the Trump administration imposed broad new tariffs on virtually every country.

🛑 Meanwhile, Trump Hits the EU With 20% Tariffs Just days earlier, President Trump unveiled a sweeping tariff package, including a 20% duty on selected European imports. His policy is rooted in economic nationalism and protecting American industries — even if it comes at the cost of global tension. According to Reuters, the European Union is preparing retaliatory measures worth approximately $28 billion, signaling an imminent EU-US trade war.

⚔️ Musk vs. Navarro: Ego Clash and Ideological Divide Musk also clashed publicly with Peter Navarro, Trump’s former trade adviser and key architect of the tariff agenda. On X (formerly Twitter), Musk took a jab at Navarro’s academic credentials:

“A PhD in economics from Harvard is a bad thing, not a good thing. It results in an ego/brains problem >>1.”

Navarro fired back, accusing Musk of “just protecting his own interests”, pointing specifically to Tesla and SpaceX, both of which could be impacted by global trade policies.

📉 Markets Sink, Crypto Under Pressure As Trump and Musk battle over the future of global trade, markets are reeling. Major indexes like S&P 500, NASDAQ 100, and the Dow Jones just posted their worst week since the COVID crash. Even the crypto market took a hit: 🔻 Bitcoin dropped 6.4%, trading around $78,000

🔻 Derivatives markets saw over $900 million in liquidations

🧭 What’s Next? Musk’s vision of zero tariffs and cross-border freedom feels visionary and cooperative, while Trump’s strategy leans toward conflict and protectionism. But who’s right? 📉 Markets are nervous.

🌍 And the world may soon have to choose which direction it truly believes in.

#ElonMusk , #TrumpTariffs , #CryptoNewss , #TradeWars , #Eu

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