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Elon Musk: Hoping for 'zero tariffs' between US, Europe

  • Elon Musk proposed a zero-tariff trade zone between the U.S. And Europe.
  • President Trump's recent imposition of 20% tariffs on EU goods prompted Musk's proposal.
  • The zero-tariff zone aims to remove trade barriers and ease trade restrictions between the U.S. And Europe.
  • Musk stated that "Europe and North America should effectively create a free-trade zone."
  • Dan Ives lowered Tesla's price target to $315, citing softening demand and brand perception concerns.
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In order not to escalate the conflict further, the EU offers Donald Trump to set tariffs on US cars and other imported goods to zero. Trump has little interest. Often it is not the tariffs that slow down US exporters.

·Vienna, Austria
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Right

Donald Trump has rejected the EU's offer to "zero tariffs." In Brussels, countermeasures are being prepared at several escalation stages. Behind the scenes, there seems to be great astonishment and amusement about the "ChatGPT" self-sabotage from the USA. "That's not enough," the US President told a reporter who had asked him if he would accept the offer from Brussels. EU boss Ursula von der Leyen had once again stressed on Monday evening that a…

·Vienna, Austria
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Washington is not satisfied with Brussels's proposal to resolve the trade dispute and is demanding that the EU increase energy imports from the US. Earlier, the European Commission proposed to mutually abandon duties on manufactured goods.

·Vilnius, Lithuania
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Bias Distribution

  • 34% of the sources lean Right
34% Right
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Forbes broke the news in United States on Saturday, April 5, 2025.
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