Tesla wins tariff exclusion on imported aluminum

• Tesla wins a tariff exclusion for the Japanese aluminum used in its batteries, according to government documents.
• The Department of Commerce will waive the 10% tariffs placed on aluminum for Japan’s Nippon Light Metal Co Ltd.
• The waiver is valid for one year.

Electric-car maker Tesla won a tariff exclusion from the U.S. on the imported Japanese aluminum it uses in its battery cells.

The Commerce Department’s 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.

www.cnbc.com/2019/06/24/tesla-wins-tariff-exclusion-from-uesla-wins-tariff-exclusion-request-from-us-commerce-dept-to-waive-10percent-tariffs-on-imported-aluminum-from-japan-used-in-manufacture-of-battery-cells–govt-documen.html