Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
From electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing for Chinese dominance.
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
Days ahead of the U.N.’s global negotiations on climate change, China and other developing countries said trade restrictions should be part of the talks.
The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
The tariffs had been expected for months, but many European automakers warned that they would drive up prices for consumers and set off a trade war with China.
Leaders in Brussels, Washington and beyond are trying to curb China’s automobile ambitions amid rising trade tensions and fears of a glut of Chinese cars flooding global markets.
U.S.-based Anzu Robotics is selling drones using technology from DJI, a Chinese firm that is the target of efforts by lawmakers to limit Chinese technology in America.
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
Beijing’s dominance raises economic and security concerns, and tensions will be high as top climate diplomats meet this week.
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