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Tesla Tariff Exemption Bid Rejected

Credit: Wochit News
Published 2 weeks ago - Duration: 00:33s

Tesla Tariff Exemption Bid Rejected

WASHINGTON -- U.S. trade officials rejected Tesla Inc.'s bid for relief from President Donald Trump's 25 percent tariffs on the Chinese-made computer "brain" in the Model 3, one of more than 1,000 product denials linked to China's industrial development plans.

The denials illustrate a systematic approach by the Trump administration to thwart China's efforts to develop high-technology industries that it alleges have benefited from the theft and forced transfer of U.S. intellectual property.

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