You are the news now

THE NEWS COMMENTER

VOTE  (0)  (0)

U.S. denies Tesla tariff relief request for Chinese-made Model 3 'brain'


Added 06-13-19 12:03:02pm EST - “The Trump administration has denied requests to exempt Tesla Inc's Model 3 ...” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “U.S. denies Tesla tariff relief request for Chinese-made Model 3...”. Below is an excerpt from the article.

WASHINGTON (Reuters) - The Trump administration has denied requests to exempt Tesla Inc’s Model 3 from 25% tariffs on its Chinese-made car computer and center screen, according to letters seen by Reuters.

The U.S. Trade Representative’s Office denied both requests in May 29 letters, saying they both concern “a product strategically important or related to ‘Made in China 2025’ or other Chinese industrial programs.”

The California-based electric vehicle manufacturer had warned that increased tariffs on the car computer it dubbed the “brains” of the Model 3 causes “economic harm to Tesla, through the increase of costs and impact to profitability.” Tesla had also urged the office to approve a request by its supplier SAS Automotive USA Inc, builder of the center display screen for the Model 3.

Read more...

Post a comment.

Anonymous comments are welcome, just check the "Comment Anonymously" box before submitting your comment. Note: Comments are free and open until someone ruins it. Don't dox, promote violence, etc. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE