Tesla warns it may face retaliatory tariffs, echoing concerns over Trump's trade policies

Tesla News

Tesla warns it may face retaliatory tariffs, echoing concerns over Trump's trade policies
Elon MuskDonald TrumpTrade War
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WASHINGTON, March 14 — US automaker Tesla has warned that it and other major US exporters are exposed to retaliatory tariffs that could be levelled in response to President...

US President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, DC March 11, 2025. — AFP picWASHINGTON, March 14 — US automaker Tesla has warned that it and other major US exporters are exposed to retaliatory tariffs that could be levelled in response to President Donald Trump ’s aggressive use of tariffs.

Tesla says it is important to ensure that the Trump administration’s efforts to address trade issues “do not inadvertently harm US companies.” “For example, past trade actions by the United States have resulted in immediate reactions by the targeted countries, including increased tariffs on EVs imported into those countries.”

The automaker adds that companies will “benefit from a phased approach that enables them to prepare accordingly and ensure appropriate supply chain and compliance measures are taken.”

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