Tesla has won a tariff exclusion from the U.S. Commerce Department on the imported Japanese aluminum it uses in its battery cells. The agreement with the government waives the 10 percent tariffs that would be placed on the battery cells manfactured in Tesla's Nevada Gigafactory, according to government documents.
Tesla wins tariff exclusion for the Japanese aluminum used in its batteries according to government documents.
Department of Commerce will waive the 10 percent tariffs placed on aluminum for Japan's Nippon Light Metal Co Ltd.won a tariff exclusion from the U.S. on the imported Japanese aluminum it uses in its battery cells. The Commerce Department's May 24 decision waives the 10% tariffs that would be placed on the battery cells manufactured in Tesla's Nevada Gigafactory, according to Reuters, which reported the news Monday.
The Palo Alto, California-based company asked for the waiver in April and said the aluminum is produced by Nippon Light Metal and sought an exclusion for 10 million kilograms annually. The Commerce Department said in the document dated June 5 and posted in recent days that the aluminum "is not produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality," Reuters reported. The waiver will last one year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stranger Things Is About To Bring The Hawkins Kids Their Biggest Threat YetThe new Stranger_Things season is going to blow my mind and I'm SO ready for it: 😱
Read more »
See how this YouTube star cut her Tesla Model 3 into a pickup truckYouTube 'robotics enthusiast' Simone Giertz posted a new video where she and a team of engineers convert a Tesla Model 3 into a pickup truck, dubbed 'Truckla.'
Read more »
In Defense Of Tesla: The Recent Autopilot Naming Study Is Being Grossly MisinterpretedA recent study examined the names being given to various advanced automation systems in Level 2 cars, and Autopilot was misconceived more so than other akin names, for which only limited conclusions can be reasonably made and chatter beyond the study limits is inappropriate, read why.
Read more »
US retaliated against Iranian spy group's cyberstrikeUS Cyber Command launched a retaliatory cyber strike last week against an Iranian spy group, according to a US official and a former US intelligence official familiar with the matter
Read more »
Agriculture Department buries studies showing dangers of climate changeClimate change research by scientists at the U.S. Department of Agriculture is being buried, and there's anger at the Trump administration about what some consider a deliberate effort at suppressing the truth
Read more »