Countries facing Trump-era tariffs are increasingly granting Starlink regulatory approvals, viewing it as a gesture to advance trade negotiations with the U.S., according to internal State Department cables obtained by the Washington Post. Lesotho approved a 10-year license for Starlink shortly after Trump imposed a 50% tariff on its goods, expressing hope the move would show "goodwill" toward U.S. businesses. India, Pakistan, Vietnam, and others have also made favorable moves toward the Elon Musk-led venture during trade talks. A White House spokesperson emphasized ethical compliance and said trade decisions prioritize American interests. Musk, who oversees the Department of Government Efficiency Service, contributed $277 million to Trump-aligned campaigns last year.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Countries facing Trump-era tariffs are increasingly granting Starlink regulatory approvals,
00:07viewing it as a gesture to advance trade negotiations with the U.S.,
00:10according to internal State Department cables obtained by the Washington Post.
00:14Lesotho approved a 10-year license for Starlink shortly after Trump imposed a 50% tariff on its
00:19goods, pressing hope the move would show goodwill towards U.S. businesses. India, Pakistan, Vietnam,
00:25and others have also made favorable moves toward the Elon Musk-led venture during trade talks.
00:31A White House spokesperson emphasized ethical compliance and said trade decisions
00:35prioritize American interests. Musk, who oversees the Department of Government Efficiency,
00:41contributed $277 million to Trump-aligned campaigns last year.
00:45For all things money, visit Benzinga.com slash GSTV.