U.S. President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he “couldn’t care less” if they do.
The White House has been preparing to impose new tariffs on a range of consumer goods on April 2, a move that has drawn criticism from international leaders and concerns about potential price increases for consumers.
In the NBC News interview, Trump said his permanent tariffs on foreign-made automobiles would be a boost to U.S.-domiciled factories and was confident the move would lead to increased sales of American-made cars. “I hope they raise their prices, because if they do, people are gonna buy American-made cars,” Trump said.
He (and Biden) didn’t care when the 100% tariffs on Chinese cars kept the average electric car price at like $60K, why would they care when Americans are paying $100,000 for an average car?