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Elon Musk ROCKED By Devastating Tesla News As Trump Auto Tariff Chaos Blows Up
Elon Musk gets hit with bad news for the future of Tesla as the latest polls reveal over two-thirds of Americans would not consider buying or leasing a Tesla, citing Musk as a major reason to not support the brand, just as Donald Trump announces auto tariffs that immediately spread financial chaos to top Auto brands, while also giving Tesla a leg up. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
"President Trump's tariffs are reshaping US trade policy and overhauling decades of free-trade agreements with friend and foe alike.
In the latest escalation of his trade war, Trump on Wednesday announced 25% tariffs on all foreign-made vehicles, which he said would take effect on April 2.
Trump has been referring to that day as "Liberation Day," when he has promised to impose so-called retaliatory tariffs on all US trade partners.
The market is keen to find out how broad those duties will end up, and Trump has provided mixed signals. He has sent mixed signals on flexibility, but said Wednesday that "people are going to be pleasantly surprised" at how "fair" and "nice" the duties are to other countries. Trump said he would hold a news conference on the reciprocal tariffs next week."
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