Thousands of businesses and millions of people (Americans and Europeans) are going to suffer because of the trade war with the U.S. I’m not sure why the EU doesn’t instead just scrap carbon credits for Tesla (Tesla generated over $2bn in credits globally last year and will be unprofitable without them).
It is clear that Musk is a pertinent asset to Trump and that Musk has significant influence over the administration. So instead of implementing broad tariffs, why not isolate an obvious target?
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