Trump's New Tariff Rule Is Wildly Convenient for Tesla
The Trump administration has carefully altered its existing auto tariff policy in an apparent attempt to spare Elon Musk's Tesla. This week, US commerce secretary Howard Lutnick announced a new rule, stating that any car that's composed of 85 percent United States or US-Mexico-Canada Agreement (USMCA) parts would be excluded from steep auto tariffs previously implemented by the president. "Finish your cars in America and you win," Lutnick said, as quoted by The Guardian. As automotive publication Fuel Arc points out, the new rule appears to be directly aimed at Tesla. Total domestic content of the EV maker's top-selling vehicles […]
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https://futurism.com/trump-tariff-rule-convenient-tesla