Tesla and SpaceX criticize Trump's tariffs' economic impact

Tesla and SpaceX have raised concerns with the U.S. Trade Representative about the impact of Donald Trump's tariffs on their businesses. They argue that retaliatory tariffs from other countries have increased costs and reduced competitiveness for U.S. exports. Tesla highlighted that tariffs have raised production costs for vehicles made in the U.S. and hindered their ability to compete internationally. The company requested that future trade actions consider the effects on U.S. exporters. SpaceX pointed out regulatory challenges and trade barriers affecting its Starlink service. The company noted that import duties in foreign markets significantly raise operational costs, putting U.S. companies at a disadvantage compared to foreign competitors.