Trump's 'Liberation Day' tariffs
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Interestingly, Tesla is believed to have the least impact from these auto tariffs, since it domestically assembles all the autos it sells in the U.S.
From Markets Insider
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish.
From BBC
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...
From Reuters
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Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign
President Donald Trump’s new auto tariffs will have a “significant” effect on Tesla (TSLA), CEO Elon Musk says.
Elon Musk has said U.S. President Donald Trump's new auto tariffs will have a “significant” impact on his EV company Tesla (NASDAQ:TSLA). In a post on X, Musk said “Tesla is NOT unscathed here. The tariff impact on Tesla is still significant.
Stocks slumped in March as the Trump administration vowed to move ahead with tariffs that put both Wall Street and Main Street on edge. Tariffs are likely to remain top of mind for investors in April.
Tesla CEO Elon Musk said on Wednesday that the impact of U.S. President Donald Trump's auto tariffs on Tesla is "significant."
Trump's 25% auto tariff made enough noise and sent the automotive sector reeling as vehicle manufacturers brace for impact. However, Elon Musk's Tesla (TSLA) particularly stood out.
The Trump administration's 25% tariffs on vehicles and auto parts imported into the U.S. could lead to sticker shock for American consumers, including for those buying cars manufactured domestically, analysts say.
Tesla’s (TSLA) stock dropped nearly 6% yesterday, following President Donald Trump’s announcement of a 25% tariff on foreign-made vehicles.
In just more than 24 hours, President Donald Trump will roll out what seems his biggest trade policy yet, reciprocal tariffs, naming Wednesday as “Liberation Day” for American trade—though he’s sowed confusion on what countries and goods will be included, and how severe the action will be.