Tesla warned of the hit to its bottom line from tariffs, while SpaceX complained that foreign trade barriers affect its Starlink internet satellite service.

President Donald Trump and his administration continue to make cuts to the federal government by the Department of Government Agency (DOGE), led by businessman Elon Musk. Dr. Todd Belt from George Washington University returns to Capitol Review this week.

Trump told reporters he would write a check for the car, which retails for roughly $80,000, and leave it at the White House so his staff can drive it. The president also said he hopes his purchase will boost Tesla,

U.S. President Donald Trump has made numerous tariff threats since returning to office on January 20, ranging from a universal duty on imports to targeted tariffs on specific sectors or countries, in a bid to get others to meet his policy demands.

This move by Trump was seen by French Foreign Trade Minister Laurent Saint-Martin as the start of a trade war.