The never-ending Trump tariff saga continues. Tesla has halted Model S and X sales in China, according to reporting by Bloomberg. These particular vehicles are imported to the country from the US so they are impacted by a 125 percent tariff on goods flowing into China. This was enacted by China in response to President Trump placing a 145 percent tariff on imported goods from the country.
This isn’t a huge deal for Tesla, as the high-end Model S and Model X are some of the company’s least-popular vehicles in the region. It’s still selling off pre-existing inventory,
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