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

Tesla, the electric vehicle giant, warned that tariffs and retaliatory duties imposed by other countries on U.S.-made products could negatively impact its financial stability.

SpaceX has urged the U.S. to address trade barriers affecting its Starlink satellite communications service in foreign countries, arguing that competitors from abroad face no import costs in the country.