- Elon Musk says he hopes Europe and the US will establish a free-trade zone.
- Donald Trump’s tariffs have caused global concern and the EU plans to retaliate.
- The billionaire says he supports more freedom of movement for work but condemns mass immigration.
Billionaire United States presidential adviser Elon Musk says he hopes Europe and the United States would agree to join in a free-trade zone, after US President Donald Trump unleashed heavy global trade tariffs.
Trump’s sweeping tariffs announced earlier this week sent global stocks tumbling, worried allies, and raised the prospect of others – including potentially the European Union – raising tariffs themselves.
The EU, which faces a 20% tariff, has already vowed to retaliate in “a calm, carefully phased, unified way”, EU trade chief Maros Sefcovic said.
