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Musk’s Boring Co. Asks Trump Administration for Tariff Relief

August 17, 2018

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Elon Musk’s Boring Co. asked the Trump administration to exclude imports of certain Chinese parts for tunneling machinery from imposed tariffs, saying the duties would cause construction delays and economic harm to the company.

U.S. President Donald Trump slapped duties on $34 billion of Chinese goods in July in response to allegations of theft of intellectual property and other unfair trade practices, and the administration has said it will impose tariffs on a further $16 billion on Aug. 23. As China retaliates with duties on U.S. goods, the president has threatened to tax effectively all the $500 billion in products the U.S. imports from China in an escalating trade war.

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