Elon Musk says he opposes US tariffs on Chinese electric vehicles

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He previously warned Chinese car makers would 'demolish' rivals if there were no trade barriers.

Elon Musk says he opposes US tariffs on Chinese electric vehicles , just days after President Joe Biden quadrupled levies on EVs imported from China.

Mr Musk's comments are at odds with a warning he made in January that Chinese car makers would "demolish" competitors from other countries if there were no trade barriers."In fact, I was surprised when they were announced. Things that inhibit freedom of exchange or distort the market are not good," Mr Musk said on Thursday.

Mr Biden has maintained a number of tariffs on China that were introduced by his predecessor Donald Trump, while increasing trade pressure on Beijing. Also this week, China signalled it could hit cars with large engines imported from the EU and US with tariffs of as much as 25%.

 

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