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- US President Unfazed by Potential Car Price Increase Amid Tariff Debate
US President Unfazed by Potential Car Price Increase Amid Tariff Debate
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President Donald Trump has made statements regarding the imposition of tariffs on foreign-made cars, including a 25% blanket import tariff. Trump's comments suggest he is unconcerned about potential price increases for American consumers, with one report quoting him as saying he "couldn't care less" about price hikes and even expressing a desire for automakers to raise their prices.
The message is congratulations, if you make your car in the United States, you're going to make a lot of money. If you don't, you're going to have to probably come to the United States, because if you make your car in the United States, there is no tariff.
I couldn't care less. I hope they raise their prices, because if they do, people are gonna buy American-made cars. We have plenty.
Absolutely, they're permanent, sure. The world has been ripping off the United States for the last 40 years and more. And all we're doing is being fair, and frankly, I'm being very generous.
International trade since [the second world war] has made us phenomenally rich.
Trump's tariffs
- Trump threatens 50% tariffs on EU and 25% on iPhones if not made in the US
- Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers
- Donald Trump Announces 90-Day Tariff Reduction with China
sources
perspectives
- 1.US under Donald Trump
- 2.Chinese Foreign Policy
- 3.US-China Relations
- 4.Immigration to the US
- 5.US Economy
- 6.Inflation
- 7.Trade Agreement
- 8.World Economy
- 9.US-India relations
- 10.Mexico under Claudia Sheinbaum
- 11.US-EU relations
- 12.United States–Mexico–Canada Agreement