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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    8 months ago

    Please don’t insult delicious Melons like that.

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

    • Lifter
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      8 months ago

      You can’t spell melon without Elon, as the saying goes.

      • ms.lane@lemmy.world
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        8 months 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.

        • Lifter
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          8 months ago

          That would quickly devolve into a lazy “Melah”

          Watamelah

          • ms.lane@lemmy.world
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            8 months ago

            Potayto Potatah

            Tomayto Tomahta

            Watermellow Watermelah

            Let’s Call The Whole Thing Off.