Musk says he wants free trade zone with Europe

Billionaire Elon Musk says he hopes the United States and Europe will develop their economic relationship towards eliminating the need for definitions.

During a video interview with Italian Deputy Prime Minister Matteo Salvini on Saturday. The billionaire says he advised president Donald Trump to strengthen the relationship with European countries.

Musk said: “At the end of the day, I hope that it will be agreed that both Europe and the United States should move perfectly, in my opinion, to a zero position, which creates effectively a free trade zone between Europe and North America.”

He went on to say he would like to see more freedom of movement between Europe and the United States as well.

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Musk said: “If people want to work in Europe or want to work in North America, they should be allowed to do so in my opinion,” adding that this “certainly was my advice to the president.”

Musk’s statement comes less than a week after Trump revealed the comprehensive definitions against every major country on Earth.

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The first “baseline” tariff entered 10 % in US sea ports, airports and customs warehouses on Thursday. High taxes on goods are scheduled to start from 57 larger commercial partners this week.

President Donald Trump has imposed new definitions around the world. (Fox News / Special Report)

European Union imports will face a 20 % tariff, while Chinese goods will be hit with a 34 % tariff, which brings Trump to bring Trump. Total new taxes on China Up to 54 %.

World leaders in Europe and other places pledged revenge on the definitions. China, which was more strongly wounded than any other country, promised to “take counter measures to protect its rights and interests” last week.

President Donald Trump holds a scheme as he presents notes on mutual tariffs during an event in the garden of roses entitled “Make America Wealthy again” at the White House in Washington, DC, on April 2, 2025. (Brendan Smaliowski/AFP via Getty Images)

“They feel that they are let down from our oldest ally,” says European Commission President Ursula von der Lin.

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She said: “The uncertainty will escalate and lead to more protectionism. The consequences will be dire for millions of people around the world.”

Fox News’ Landon Mion and Reuters contributed to this report.