Elon Mask, a top entrepreneur in the IT sector to build a 'free trade zone' or free trade zone between the United States and Europe. The billionaire says that there should be business opportunities between America and Europe without any obstacles. It is better to have any tariffs between these two regions.
He joined a video organized by a party called the League Party in Florence, Italy last Saturday. It was there that he expressed his support to remove these obstacles in the business of business.
The mask made this comment at a time when President Trump announced a new tariff on various items imported in the United States. Of these, Trump was also planning to impose a 20 percent tariff on the European Union (EU) member states – such as Italy. It should be noted that the business with Italy is more profitable with the United States (that is, America buy more products than Italy).
Mask said, “It is best if Europe and the United States do not keep any tax on each other's products. This will create a free trade area between Europe and North America. '
While talking to the league party leader Matteo Salvini, the mask also supported that people in the United States and Europe should be able to travel more easily to each other country. He told Trump his opinion on the matter.
Mask said, “If a person wants to work in Europe or North America, in my opinion they should be given that opportunity.”
Earlier, mask has also supported some of Europe's right -wing parties. Among them are Salvini's League Party, Italy's Prime Minister Geeza Meloni's party 'Brothers of Italy' and German 'Alternative for Germany' (AFD) party.
Earlier on Saturday, the league party member and Italian finance minister Giankarlo Geoorgotti called for the US government to reduce tensions with the US government. He warned of taking any action.
EU trade chief Marros Sefkovich said the European Union has promised to take steps, step by step and unitedly in response to the tariffs on their products.
Trump describes these new tariffs as a “economic revolution”. He claimed that this move would return to the US and work opportunities in the United States.
After Trump announced the tariff, the US stock market has been widespread for two consecutive days, which is the worst in the time of the Covid epidemic. The stock market of other countries of the world is similar to the collapse.
Several countries have said they too will be avenged. This has led to the risk of the start of a World Trade War, where different countries will transform tariffs on each other's products.
