Close Menu
  • Home
  • Markets
    • Earnings
  • Banks
    • Crypto
    • Investing
  • Business
    • Retail
  • industry
    • Finance
    • Energy
    • Real Estate
  • Politics
Facebook X (Twitter) Instagram
Facebook LinkedIn
Financial Market News
Subscribe Now
  • Home
  • Markets
    • Earnings
  • Banks
    • Crypto
    • Investing
  • Business
    • Retail
  • industry
    • Finance
    • Energy
    • Real Estate
  • Politics
Financial Market News
You are at:Home»Politics»Elon Musk’s SpaceX, Tesla lobby on Trump tariffs
Politics

Elon Musk’s SpaceX, Tesla lobby on Trump tariffs

March 14, 20253 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
OLOGI Ad 2


Tesla CEO Elon Musk watches as President Donald Trump talks to the media, outside the White House in Washington, D.C., March 11, 2025.

Kevin Lamarque | Reuters

Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump administration tariff policies.

But the two companies had different messages for U.S. Trade Representative Jamieson Greer.

The electric vehicle maker Tesla warned of the negative effect on its bottom line from tariffs and from duties imposed by other countries on U.S.-made products in retaliation for those tariffs.

SpaceX complained that operating costs for its Starlink internet satellite service are increased by trade barriers abroad, while foreign competitors face no such costs in the United States.

The letters come as Musk oversees the so-called Department of Government Efficiency, an effort to slash federal government spending and employee head count at the behest of President Donald Trump.

At the same time, Trump is imposing stiff tariffs on China, Mexico and Canada, with China and Canada firing back with retaliatory tariffs.

The letters are two of more than 700 received so far by the trade representative’s office in response to an invitation for public comment on “unfair trade practices by other countries.” The responses are posted on a public docket.

Jamieson Greer, President Donald Trump’s nominee to be U.S. trade representative, testifies during his Senate Finance Committee confirmation hearing, in the Dirksen Senate Office Building, Feb. 6, 2025.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

Tesla, in its unsigned letter to Greer, encouraged him “to consider the downstream impacts of certain proposed actions taken to address unfair trade practices.”

“While Tesla recognizes and supports the importance of fair trade, the assessment undertaken by USTR of potential actions to rectify unfair trade should also take into account exports from the United States,” said the letter, which was submitted by Tesla’s associate general counsel Miriam Eqab.

“U.S. exporters are inherently exposed to disproportionate impacts when other countries respond to U.S. trade actions.”

Tesla noted that, “Past U.S. special tariff actions have thus (1) increased costs to Tesla for vehicles manufactured in the United States, and (2) increased costs for those same vehicles when exported from the United States, resulting in less competitive international marketplace for U.S. manufacturers.”

“USTR should investigate ways to avoid these pitfalls in future action,” the letter said.

SpaceX, in its letter to Greer, said that it “faces a range of regulatory complexities and trade barriers in every country that the U.S. Government should seek to address in order to support continued U.S. leadership in the space domain.”

The letter noted that the company must pay foreign governments for access to spectrum and import duties for its Starlink satellite internet equipment, and other fees…



Read More: Elon Musk’s SpaceX, Tesla lobby on Trump tariffs

TGC Banner 1
Autos Breaking News: Politics Breaking News: Technology Business business news Donald J. Trump Donald Trump Elon Elon Musk Foreign policy Government and politics lobby Musks Politics Space industry SpaceX tariff tariffs Tesla Tesla Inc trade Trade Representative Trump United States
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWorries over Trump’s promise to remake the economy showed up in a big way
Next Article Block bets on lending expansion after stock slump

Related Posts

Kuwait says Hormuz closure will trigger domino effect across the world

March 24, 2026

WTI, Brent, Middle East tensions keep markets on edge

March 24, 2026

World has ‘never experienced’ refining margins like this

March 24, 2026

OpenAI revamps shopping experience in ChatGPT after Instant Checkout

March 24, 2026
Add A Comment
Leave A Reply Cancel Reply

Energy News

Kuwait says Hormuz closure will trigger domino effect across the world

Texas leads nation in solar power installation, report finds – Houston

The economy has Strait of Hormuz deadline for Trump: Two weeks

Amid energy market turmoil, the people taking power into their own hands

Banks News

The Shadow of Stablecoin Regulation Looms, Crypto-Related Stocks Suffer

Glia Wins AI Excellence Award in Banking and Financial Services Category

Down 12% This Year, Nubank Plans a ‘100b Pivot’ And Investors Are Taking

JPMorgan Chase Stock Faces Headwinds Ahead of Earnings

Real Estate News

SMBC Arm, Aravest Get $165 Million for APAC Real Estate Credit

Manhattan Real Estate Report: Is this the ”It’s Always SOMETHING” moment

License EDU Launches Real Estate Continuing Education Courses in Texas

UNL Releases Preliminary Farm Real Estate Market Survey Results for

© 2026 finmar.news

Type above and press Enter to search. Press Esc to cancel.