Elon Musk Slams Biden Administration Over 100% Tariffs On Chinese EV Imports: 'Things That...Distort The Market Are Not Good'
Portfolio Pulse from Anan Ashraf
Elon Musk criticized the Biden administration's recent 100% tariff on Chinese EV imports, calling it a market distortion. This is a shift from his previous stance on trade barriers. The tariffs aim to protect American automakers from Chinese competition.
May 24, 2024 | 12:48 pm
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Elon Musk criticized the Biden administration's 100% tariff on Chinese EV imports, calling it a market distortion. This could impact Tesla's market dynamics and supply chain.
The 100% tariff on Chinese EV imports could affect Tesla's supply chain and market dynamics, potentially increasing costs and impacting sales. Musk's criticism highlights the company's concerns.
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