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.
At what point can the Canadian government just start seizing assets of US companies in retaliation of the tarrifs?
Oh this is going to cause the auto factory in Ontario to be shut down and thousands of jobs lost?
That’s a Canadian owned factory now. Sorry GM. We’ll make cars for ourselves.