Tesla warns Trump's tariffs may raise manufacturing costs

newsweek.com

Tesla has warned that President Trump's trade policies could lead to retaliatory tariffs on U.S. goods. This could increase manufacturing costs for electric vehicles in America. In a letter to U.S. Trade Representative Jamieson Greer, Tesla expressed concern about the impact of trade actions on exporters. The company noted that past U.S. trade moves have prompted immediate tariff increases from other countries. Tesla emphasized the risks of disproportionate impacts on businesses due to these trade policies. The situation is ongoing, and further updates are expected.


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