Summary

Germany’s Economy Minister Robert Habeck criticized Elon Musk’s proposal for zero tariffs between the US and Europe, calling it a “sign of weakness” driven by fear of economic fallout.

Habeck said Musk should instead pressure Trump to lift the newly imposed tariffs, including those targeting the European Union.

Musk’s call for zero tariffs comes amid market chaos after Trump’s “Liberation Day” tariffs, which included a 20% rate on the EU. The S&P 500 plunged 10% and the Nasdaq 100 entered a bear market.

The EU prepared retaliatory measures, while China and Canada vowed to respond. Analysts warned of rising recession risks amid escalating global trade tensions.

  • Mihies@programming.dev
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    7 days ago

    Well, he was responding to my criticism of EU indirectly hence my question which he can’t answer for some reason - rather he is not saying anything, not sure why the reply.

    • atzanteol@sh.itjust.works
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      7 days ago

      “So you’re saying” and “So you think” questions are never honest questions. They’re straw-men.