Jump to content

Trump says he "couldn’t care less" if car prices rise because of tariffs


Recommended Posts

Posted

President Donald Trump said Saturday he doesn’t care if automakers hike prices because of his tariffs. In fact, he encouraged them to.

Asked by NBC News’ Kristen Welker in a phone interview about whether he pressured automakers to avoid raising prices after his 25% tariffs on imported cars and parts go into effect, Trump denied that he told CEOs to control costs.

“No, I never said that,” Trump told Welker. “I couldn’t care less if they raise prices, because people are going to start buying American cars.”

The Wall Street Journal reported Thursday that Trump held a call this month with auto CEOs and threatened them with even heftier tariffs if they raise prices because of the import taxes. But Trump on Saturday said he hopes his tariffs lead to higher prices, because it will encourage automakers to build their cars and parts in the United States and persuade customers to buy American.

“I couldn’t care less,” Trump said. “I hope they raise their prices, because if they do, people are gonna buy American-made cars. We have plenty.”

Trump said the message he delivered to the CEOs was to shift production back to the United States. Foreign and domestic automakers assemble many of their cars and parts in the United States, but they also make vehicles and parts in Mexico and Canada. For decades, a free trade zone in North America has effectively treated the US, Canada and Mexico as one big country.

“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,’” Trump told Welker.

 
 
Posted
2 minutes ago, phatposts said:

mechanic shop la vaallaki pandaga

 

Yes every week repairs for American cars

Posted
1 minute ago, gudboy said:

Yes every week repairs for American cars

haha nenu aa angle lo analedu. 

overall car prices increase aithe new-car affordability will go down and people hang on to their older cars more than before. older the car = more the maintenance. 

i said in that angle.

  • Upvote 1
Posted
29 minutes ago, phatposts said:

haha nenu aa angle lo analedu. 

overall car prices increase aithe new-car affordability will go down and people hang on to their older cars more than before. older the car = more the maintenance. 

i said in that angle.

But many parts are made outside USA. People have to pay more for parts too.

  • Upvote 1
Posted
8 hours ago, Mr Mirchi said:

Auto insurance goes up

idoka reverse baadudu. deprecation table maarcharu. total aithe maatram manake punch. 

Posted
11 hours ago, phatposts said:

haha nenu aa angle lo analedu. 

overall car prices increase aithe new-car affordability will go down and people hang on to their older cars more than before. older the car = more the maintenance. 

i said in that angle.

 

56 minutes ago, a4apple said:

why he cares.. atochi to hi bokka comman man ke ga

 

This is what happens when you read cnn news. Typical brainwashing by democrats.

Never read cnn , msnbs or fox news. They will be biased.

If you go back in history when Tariffs happened, there would be temperory inflation and dollar devaluation to offset tariffs.

There would be increase in salaries. Common man would be benefitted due to increase in number of jobs.

Dollar devaluation leads to reduced pressure by debt.

 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...