Summary

Trump warned automakers not to raise prices after announcing a 25% tariff on imported vehicles starting April 3, claiming the tariffs would be “great” and benefit U.S. manufacturing.

Industry leaders, including GM, Ford, and Stellantis CEOs, expressed concerns about inevitable price increases, with experts warning tariffs could add thousands to car costs.

Auto suppliers stated that absorbing tariffs is impossible, and dealers fear affordability challenges for consumers.

While the United Auto Workers union support the move as a job creator, trade groups predict higher prices and fewer manufacturing jobs.

  • snekerpimp@lemmy.world
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    6 days ago

    So, now when the automotive manufacturers inevitably raise their prices, he can point and whine “but I told them not to, see it’s their fault”. And the foaming masses will blindly follow the pied piper off the cliff, further into fascism. I hate how fucking predictable this is becoming. It’s like a terrible abc sitcom. Only it’s scary real life.