Trump’s New Tariff Rule Is Wildly Convenient for Tesla

The Trump administration accurately has changed the current tariff policy – in a way that looks very specially designed to spare Tesla, a car manufacturer run by close Trump ally Elon Musk.

This week, US Secretary of Trade Howard Lootnik announced a new base stating that any car consisting of 85 percent or more parts of adoption in the United States or under the United States and Mexico-Channel Agreement (USMCA) will be excluded from the president’s sharp car definitions.

“End your cars in America and win,” said Lootnick. Guardian.

It also deployed cars Bracket It indicates that the new rule aims directly to take advantage of Tesla. The total selling of the best -selling compounds in EV ranges from 85 to 87.5 percent, according to the American Made in America Auto. Cars competing by the likes of Ford and Honda occur with less accuracy than 85 percent threshold, indicating that the Trump administration is trying to protect sick musk cars.

In other words, it seems that the Trump administration is formed a direct policy for Musk and Tesla, in another state of nude corruption designed to protect the closest presidential allies.

This should not be a big surprise at this stage, given that the president personally shows the EV makers during a strange sales stadium in front of the White House earlier this year.

Whether the new rules will be able to save Tesla. The EV maker has seen that sales are dropped from the cliff around the world, and this is largely due to the extremist MUSK opinions and a very controversial work with the Ministry of government efficiency.

The company was absent from the expectations of the analysts, a mile in its profits in the first quarter that was published last week, and informed that its net income had slipped by 71 percent since the first quarter of last year.

But in another development very comfortable for Tesla, Trump overwhelmed bad news by advertising that it would be “very nice” for China, hinting to a possible transformation in the catastrophic trade war and raising markets, and Tesla investors act of catastrophic profits.

Earlier this month, Musk was said to have pleaded with Trump to reconsider his brutal introductory war behind closed doors after he renewed the architect in the war, trade and manufacturing consultant, Peter Navarro.

Tesla shares rose after declining earlier this year, after Musk announced that it would spend more time overseeing the company. However, the stock price is still more than 31 percent so far.

The large definitions of 25 percent of Trump, which aims to make the auto industry, have proven to be disastrous. On Tuesday, the president announced that he would weaken the definitions of auto companies, and to adjust the current definitions of foreign auto parts, hard and aluminum duties.

Even with some strong assistance from the White House, Tesla still has to sell enough cars. Division of the Division’s Musk behavior – and its popularity dramatically distorted the company’s brand, which led to the intimidation of buyers in the United States and abroad.

More about Tesla: Elon Musk has become a toxic waste of the average person, and a new survey appears