Tesla urges caution on ‘reciprocal’ tariffs

Tesla -- whose CEO, Elon Musk, has emerged as one of the most pivotal figures in the Trump administration -- is asking the White House to take a cautious approach to imposing new tariffs under its emerging “reciprocal” trade policy, warning that retaliation by other countries could threaten the automaker’s supply chain and drive up the cost of its products. In a March 11 letter to the Office of the U.S. Trade Representative, Tesla urged USTR to ensure the administration’s...