Tesla in Letter to US Trade Representative's Office Warns About Trade Policy Impacts on Domestic Exporters

MT Newswires Live
03-14

Tesla (TSLA) in a letter to the US Trade Representative's Office said the US exporters are "inherently exposed to disproportionate impacts" when other countries retaliate against US trade actions.

In the letter, dated Tuesday, Tesla urged the government to consider the "downstream effects" of trade measures aimed at addressing "unfair trade practices."

Tesla said that past special tariff actions have raised costs for US-made Tesla vehicles as well as for their exports, "resulting in less competitive international marketplace for US manufacturers."

The automaker called on the US Trade Representative to "investigate ways to avoid these pitfalls in future actions."

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