Trump’s 25% Tariffs Target Foreign Cars— Protectionism or Favouritism? Musk’s Alleged Role Dismissed
Starting 2 April, the US will impose a 25% tariff on foreign-made cars, exempting domestic vehicles but imposing strict regulations on imported parts. Though Elon Musk advised Trump, the president insists the decision was independent. With Tesla’s stock faltering, is this a strategic move or an unspoken boost for Musk’s company?