Elon Musk has spoken out after Donald Trump introduced tariffs in the US that will affect the profits made by Tesla.

Canada has banned cars made by Elon Musk’s Tesla from future electric vehicle rebate programs as the country engages in a tit-for-tat trade dispute with President Trump, the country’s transport

The lever for Trump to help Tesla is his tariff policy. The whole market has been rattled by Trump's tariffs and his threats of many more. So far, Trump has imposed new tariffs on imports from Canada, Mexico, and China, plus steel and aluminum imports from many countries. He has threatened many additional tariffs.

If Donald Trump appears deaf to the protests of other governments over his policies, he may still hear the voice of corporate America should consumer boycotts spread.

President Donald Trump says he’ll announce major new tariffs in the coming days, but uncertainty still surrounds his plans after weeks of trade war whiplash. Meanwhile, Trump has ramped up his fiery rhetoric on Russia and Iran.

President Donald Trump is planning on implementing major tariffs this week on imports into the United States, sparking concerns about potential price hikes for consumers.