Elon Musk calls for a US-European Free Trade Area with zero tariffs, while the EU plans to respond to US import tariffs.

Tech billionaire Elon Musk has called for unrestricted trade between the United States and Europe, advocating an economic zone without tariffs.

Advisors to U.S. President Donald Trump said he supported eliminating trade barriers at a meeting held at an Italian far-right league party on Saturday.

His comments were published for days after Trump announced a series of tariffs on U.S. imports, including 20% ​​tariffs planned to import to EU members, including Italy, which has a large trade surplus with the U.S.

“Ideally, both Europe and the United States should be heading towards zero tariffs and effectively establishing a free trade zone between Europe and North America,” he said.

Musk also recognized greater freedom of movement between the two regions while talking to alliance leader Matteo Salvini.

“If people want to work in Europe or want to work in North America, they should be allowed to do so,” he said, noting that he has shared this position with Trump.

Musk has previously expressed support for right-wing European parties, including the Italian brothers of the Salvini League and Italian Prime Minister Giorgia Meloni and the German Alternative (AFD).

Earlier on Saturday, the Italian economy minister of the coalition member Giancarlo Giorgetti urged Washington to downgrade the tariffs and warned of retaliation measures.

Maros Sefcovic, head of EU trade, said the EU has promised to “respond to tariffs on its goods in a calm, careful, unified way.

Trump has described it Latest tariffs As an “economic revolution” and claiming that these measures will restore industries and job opportunities to the United States.

U.S. stock markets record their The worst two days Since the COVID-19 pandemic International Market Also routed.

Several countries have said they will retaliate, increasing the risk of a global trade war marked by Tit-Tat tariffs.