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.

    • ms.lane@lemmy.world
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      5 days ago

      Please don’t insult delicious Melons like that.

      What did Rockmelon or tasty Honey Dew Melon do to be compared to 'ol musky?

        • ms.lane@lemmy.world
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          3 days ago

          :(

          Petition to change the fruit descriptor ‘Melon’ to ‘Melo’ - the ‘n’ is wrong anyway since the root latin is ‘Melopepo’

          Rockmelo

          Watermelo

          Honey Dew Melo, etc.

    • Cort@lemmy.world
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      5 days ago

      Not just Tesla, spaceX and starlink too. EU govs are looking for alternatives

    • PotatoLibre@feddit.it
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      5 days ago

      Protect something he repeatedly smashed with his own nazi stunts. Good luck to him.

    • psx_crab@lemmy.zip
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      5 days ago

      Melon Husk now realise he doesn’t always get to hold the controller.