Elon Musk sides with Trump on trade with China, citing 25% import duty on American cars

Elon Musk‏Verified account @elonmusk Mar 8

For example, an American car going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference

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Elon Musk believes China isn't playing fair in the car trade with the U.S.

The auto executive says the Asian country puts a 25 percent import duty on American cars, while the U.S. only does 2.5 percent for Chinese cars in return.

"I am against import duties in general, but the current rules make things very difficult. It's like competing in an Olympic race wearing lead shoes," Musk tweets.

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