Musk's companies oppose Trump's tariffs affecting competitiveness

timesnownews.com

Elon Musk's companies, Tesla and SpaceX, have expressed concerns to the US Trade Representative about the impact of Donald Trump's tariff policies. Tesla noted that retaliatory tariffs are raising costs and harming competitiveness for US-made goods. SpaceX highlighted the financial challenges faced by its Starlink service due to trade barriers and regulatory issues in foreign markets. The company called for government action to support its global expansion efforts. Despite these concerns, Trump remains a supporter of Tesla, recently purchasing a Model S Plaid. The ongoing debate over tariffs continues to influence US trade policies and the relationship between Musk's companies and the Trump administration.


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