Trump says auto tariffs are permanent and doesn't care if they cause carmakers to hike prices -- 'I hope they raise their [View all]
Source: Fortune
Trump says auto tariffs are permanent and doesnt care if they cause carmakers to hike prices I hope they raise their prices
Jason Ma
Sat, March 29, 2025 at 7:44 PM EDT·3 min read
President Donald Trump shrugged off concerns that his auto tariffs will cause carmakers to raise prices, saying he couldn't care less if they do. In an interview with NBC News, he added that, "I hope they raise their prices, because if they do, people are gonna buy American-made cars." But even cars assembled in the US have foreign-made parts.
President Donald Trump said his new auto tariffs are permanent and shrugged off concerns that they will cause carmakers to raise prices.
In an interview with NBC News on Saturday, he was asked about a recent Wall Street Journal report that said he warned auto CEOs not to hike prices while discussing tariffs with them.
"No, I never said that. I couldnt care less if they raise prices, because people are going to start buying American-made cars," Trump replied.
He added, "I couldnt care less. I hope they raise their prices, because if they do, people are gonna buy American-made cars. We have plenty."
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Read more: https://news.yahoo.com/news/trump-says-auto-tariffs-permanent-234415834.html
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Yes MAGA person, Donald Trump will use his renowned business acumen to fight for you! /sarc