Rome Times

The Eternal Voice of Italy
Friday, Apr 18, 2025

Elon Musk Advocates for Zero Tariff Zone between the US and EU at Italian Congress

During a video link at the Lega congress in Florence, Musk expressed hopes for a closer partnership and a zero-tariff trade area between North America and Europe.
In a recent address via video link from the United States, Elon Musk, the CEO of Tesla and SpaceX, discussed international trade relations during the inaugural day of the Lega congress held in Florence, Italy.

Responding to questions posed by Italian Deputy Prime Minister Matteo Salvini, Musk emphasized the importance of fostering a robust partnership between the United States and Europe.

Musk highlighted his aspirations for a future characterized by reduced trade barriers, stating, 'I hope that the United States and Europe can create a very close partnership; I hope it will be stronger in the future.' His remarks specifically focused on the potential for establishing a zero-tariff area, suggesting the benefits of a free trade zone encompassing Europe and North America.

This announcement comes amid ongoing discussions regarding international trade policies and economic cooperation, especially in light of current geopolitical tensions that have influenced trade dynamics globally.

The implications of such a trade agreement could impact various sectors, from technology to manufacturing, and contribute to economic growth across both regions.

The conversation regarding trade relations is particularly relevant as policymakers in both the US and the EU continue to navigate complex challenges related to tariffs, market access, and regulatory barriers.

Musk’s comments reflect a growing dialogue about enhancing economic ties in an increasingly interconnected world.
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