Peter Navarro, a top White House trade adviser, stated that Elon Musk's recent criticism of tariffs reflects his self-interest as the CEO of Tesla. Navarro noted that Tesla's supply chain is vulnerable to the tariff regime, especially since key components come from various international sources. Musk expressed his discontent with Navarro's economic expertise and advocated for a reduction in tariffs between Europe and the U.S., aiming for a zero-tariff trade zone to facilitate easier movement of labor and commerce.
Elon when he's in his DOGE lane is great, but we understand what's going on here. Elon sells cars. He's simply protecting his own interests.
At the end of the day, I hope it's 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.
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