Overview

• Elon Musk proposed a 'zero-tariff' system and a free trade zone between the U.S. and Europe during a video-link appearance at Italy's League Party meeting.
• Musk emphasized the importance of increased freedom of movement between Europe and North America, aligning this with his vision of economic integration.
• His comments come days after President Donald Trump announced a 20% tariff on European Union countries, including Italy, sparking trade tensions.
• Italian Economy Minister Giancarlo Giorgetti, representing the League Party, urged diplomatic efforts to de-escalate the situation and avoid retaliatory tariffs.
• Musk's statements reflect his alignment with right-wing European leaders and his ongoing influence in transatlantic economic and political discussions.