Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Netanyahu: If Lebanese Army takes steps to disarm Hezbollah, Israel will engage in reciprocal measures, including phased reduction of Israeli military presence in Lebanon
Al Mayadeen's correspondent: Photojournalist Houssam Al-Masri martyred, reporters Hatem Omar, Mohammad Ashraf Salameh injured in Israeli strike on Nasser Medical Complex.
Israeli media: Intense US efforts are being made to resolve differences, such as the issue of the Israeli presence on Mount Hermon and in southern Syria
Israeli media: The security agreement means amending the disengagement agreement, which will also address the Druze issue
Israeli media: Attempts to reach a security agreement between 'Israel' and Syria were among the topics discussed at the Paris meeting
Israeli media: Sheikh Muwaffaq Tarif rejected a US proposal to join the recent tripartite meeting between Tom Barrack, al-Shaibani, and Dermer
Saba News Agency: Two martyred, five injured in a preliminary toll of the Israeli aggression on the Yemeni Oil Company station on Al-Sitteen Street in Sanaa
Senior Yemeni military source to Al Mayadeen: We observed a state of confusion among the enemy's aircraft squadron after Yemeni air defenses intercepted the attack
Senior Yemeni military source to Al Mayadeen: The Yemeni air defense forces succeeded in neutralizing a squadron of enemy aircraft and prevented airstrikes on some governorates
Senior Yemeni military source to Al Mayadeen: Our air defenses and missile forces forced a formation of enemy aircraft to flee the airspace

Musk expresses hope for US-EU free trade following tariff frenzy

  • By Al Mayadeen English
  • Source: News Websites
  • 5 Apr 2025 21:59
3 Min Read

Elon Musk, Donald Trump's close adviser, has expressed hopes for a free-trade zone between the United States and the European Union.

Listen
  • x
  • Elon Musk attends a cabinet meeting at the White House in Washington, Monday, March 24, 2025 (AP)
    Elon Musk attends a cabinet meeting at the White House in Washington, Monday, March 24, 2025 (AP)

Billionaire and US presidential adviser Elon Musk said Saturday that he hopes Europe and the United States will agree to form a free-trade zone, following President Donald Trump's recent imposition of broad tariffs on global trade.

The sweeping tariffs announced by Trump earlier in the week rattled global markets, alarmed allies, and sparked concerns that countries, including the European Union, might respond with their own trade barriers.

The EU, which is facing a 20% tariff, has already pledged to respond “in a calm, carefully phased, unified way,” according to EU trade commissioner Maros Sefcovic.

"I hope that the United States and Europe can establish a very close partnership," Musk said in a video message addressed to members of Italy's far-right La Liga party.

"I hope it is agreed that both Europe and the United States should move ideally, in my view, to a zero-tariff situation, effectively creating a free-trade zone between Europe and North America," he added in the video, which was shared on X by La Liga’s leader, Deputy Prime Minister Matteo Salvini.

Related News

Merz eyes new alike-thinking trade partners over US tariffs

US Treasury says US-China tariff truce 'working pretty well'

Musk also voiced support for greater freedom of movement between Europe and North America for employment purposes.

"That has certainly been my advice to the president," he noted. However, he reiterated his opposition to what he described as mass immigration.

EU retaliation to US tariffs could extend 'beyond customs duties'

The European Union's retaliation to the newly-imposed 20% tariff by the United States on the bloc, may not be limited to reciprocal duties on American imports, French Economy Minister Eric Lombard said on Friday. 

"We are working on a response package that could indeed go beyond customs duties to bring the Americans to the negotiating table and reach a balanced agreement..." Lombard told RMC Radio on Friday, adding that the EU's response can be firm without mirroring the US approach., as tariffs on imports from the US could harm the bloc.

The minister called on French companies to demonstrate solidarity and patriotism in the face of the US measures while stressing that Europe must stand its ground against global powers "because we are now in a period of confrontation against the planet’s major blocs: the US, Russia and China. Europe has what it takes to rise to the occasion, but it requires effort."

Previously on Thursday, French President Emmanuelle Macron urged national companies to halt any investments in the US until greater clarity emerges regarding the specifics of Trump's proposed tariffs, as the world prepares to go to a trade war with the US over its tariff bombardment policy.

Read more: US trade partners threaten to escalate trade war amid tariff onslaught

  • US tariffs
  • United States
  • free trade
  • Elon Musk
  • Donald Trump
  • European Union

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Displaced Palestinians walk through a makeshift camp along the beach in Gaza City, Sunday, Aug. 10, 2025 (AP)

Hamas, other factions accept Egypt-Qatar ceasefire proposal: Exclusive

  • Politics
  • 18 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS