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.

  • UnderpantsWeevil@lemmy.world
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    3 days ago

    So basically government price fixing.

    Not even. He’s not doing anything to prevent prices from going up. He’s just whining at businesses for refusing to cut their margins to fund his government.

    Isn’t USA supposed to be the pillar of libertarian capitalism?

    It’s funny. There’s a couple of think thanks - the Fraiser Institute, the Hoover Institute, in collaboration with the CATO Institute - that are constantly putting out papers saying how America hasn’t gone Libertarian Capitalist enough. Historically, the two places in the world they consider “Most Libertarian” have been Hong Kong and Singapore.

    However, over the last decade, they’ve been forced to delist both of these locations as Chinese business investment flooded in and American financial interests were shoved out. So now their new favorite spots are Switzerland, New Zealand, Luxembourger, and Ireland. Incidentally, these institutes are filling up with White Nationalists and other ultra-orthodox Christian Conservatives who refuse to acknowledge any country with brown people in it might have civil or economic liberties. The current issue of their annual newsletter blames a great deal of this shift on pandemic response and subsequent economic relief during the downturn. But there’s plenty of ink spilled denouncing any country that’s breaking away from the MAGA mindset, particularly Canada, China, and Mexico.

    As our relationships with the BRICS and the various Latin American, African, and Southeast Asian states have deteriorated, our ability to recognize them as free and liberal have decayed alongside them. And the criticisms internally ebb and flow with the state of domestic politics - Obama ushering in a low-watermark for American liberty, for instance.

    • Dagwood222@lemm.ee
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      3 days ago

      Funny story.

      A while back someone posed a question online. They wanted to know why all Socialist countries fail? I answered that they don’t; look at Canada. They told me that I was a fool, because the Heritage Foundation had showed that Canada was freer than the USA. I asked why we shouldn’t have Canadian style health care? They never got back to me.

      Reminded because of the folks you cited.

      • novibe@lemmy.ml
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        3 days ago

        Cool little story and all, but Canada is the furthest thing away from socialist.

        Socialism is not when the government does stuff. And the more stuff it does, it doesn’t get more socialist. Even if it does A LOT of stuff, it still won’t be communism.

        Socialism/communism is the method and path through which the working class will liberate itself. It’s the death of classes and class struggle through the dictatorship of the proletariat.

        • azertyfun@sh.itjust.works
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          2 days ago

          Where did you get the impression that the Marxist definition of socialism was even relevant here? Bringing philosophical jargon into colloquial conversations is basically trolling at this point since philosophical/social studies jargon often use words that have zero semantic overlap with their colloquial counterpart.

          Proselytize all you want but if you “um akshully” socialism in a colloquial conversation you will look like an unwashed cave troll at best.

        • futatorius@lemm.ee
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          3 days ago

          More precisely, to use Marx’s definition: socialism is when workers own and fully control the means of production.

          Government services: not socialism, no worker ownership or control.

          State capitalism (like China and the former USSR): not socialism, no worker ownership or control.

          Historically, the closest things we’ve seen to socialism so far are worker-owned co-operatives and city- or provincial-level anarcho-syndicalist systems such as the Spanish Anarchists before the fascists murdered them. Some grassroots movements like Podemos and Occupy have also attempted to implement such systems, with brief and limited success.

          Again going back to Marx, he expected socialism to be an emergent phenomenon as late capitalism in the most advanced economies becomes unsustainable (he didn’t anticipate the transition from feudalism to state capitalism in Russia and China, or its leaders fraudulently calling it socialism). You’ll see more attempts to implement worker ownership and control, and you’ll see those who get fat off the existing system do everything they can to smack those attempts down. That’s where we are now. Then there will be a sort of phase transition that might take the form of a revolution or might be a less brutal change.

          Now, whether Marx and his successors are correct in his prediction, only time will tell.

        • Dagwood222@lemm.ee
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          3 days ago

          You know, I really don’t care how you define the system as long as it works.

          I have been people argue about ‘socialism’ vs. ‘social democracy’ vs ‘communism’ since I was in grade school and none of it has done a drop of good for anyone whatsoever.

          While people on the Left are wasting time arguing, the people on the Right are voting. They are the ones who keep winning because they keep their eyes on the prize.

          Donald Trump is literally throwing people in jail for speaking out, and expanding the Gaza genocide right now, and you’re focusing on how I define 'socialism.

          • futatorius@lemm.ee
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            3 days ago

            I have been people argue about ‘socialism’ vs. ‘social democracy’ vs ‘communism’ since I was in grade school and none of it has done a drop of good for anyone whatsoever.

            If you’re unable to clearly define your terms, you’re unable to think correctly. Knowing what you’re talking about is a good in and of itself.

            the people on the Right are voting

            That voting is a downstream consequence of a long program of mass manipulation and propaganda, backed with voter-suppression measures. Unless you address that root cause, lecturing people about not voting is a pointless distraction.

            and you’re focusing on how I define 'socialism

            Making a couple posts didn’t take long, and education is part of the process. There can be no revolution without revolutionary consciousness. If you become capable of thinking more clearly, maybe you’ll someday be in a position to affect events in a more constructive way.

            • Dagwood222@lemm.ee
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              2 days ago

              You know, I really don’t care how you define the system as long as it works.

              You never answered the main point.