Elon Musk’s Tesla has warned it’s at risk of being negatively affected by potential retaliatory tariffs against American manufacturers in response to President Donald Trump’s levies on imports from other nations.
In a March 11 letter to U.S. Trade Representative (USTR) Jamieson Greer, the electric vehicle (EV) maker encouraged the agency to “consider the downstream impacts of certain proposed actions taken to address unfair trade practices.”
“While Tesla recognizes and supports the importance of fair trade, the assessment undertaken by USTR of potential actions to rectify unfair trade should also take into account exports from the United States,” the letter stated. “U.S. exporters are inherently exposed to disproportionate impacts when other countries respond to U.S. trade actions.”…