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.

  • shittydwarf@lemmy.dbzer0.com
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    4 days ago

    The man simply does not know what a tariff is, and is doing this because otherwise Putin releases the tapes. Its simple

    • dual_sport_dork 🐧🗡️@lemmy.world
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      4 days ago

      If I were him I’d just let Putin release the damn tapes, since it seems impossible that anything could actually damage his image with his rabid followers anyway.

      But that’d require one functioning brain cell, and if he had that we probably wouldn’t be in this position now to begin with.

      • sporkler@lemmy.world
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        4 days ago

        If the tapes existed they wouldn’t phase him, he has already weathered more shameful charges/realizations against him with no loss in the mania driving his sycophants. He was promised to be given enough wealth to finally prove himself to his dead father.

        • futatorius@lemm.ee
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          3 days ago

          he has already weathered more shameful charges

          If the tapes exist, you don’t know their contents, so there’s no way you can truthfully say that.

          • sporkler@lemmy.world
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            3 days ago

            The mind boggles at what could beat what’s already been outed, best not to think into that too deeply, I suppose.