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.

    • @nfreak@lemmy.ml
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      232 months ago

      History is written by the victors, and the outcome is looking grim right now.

    • @SouthEndSunset@lemm.ee
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      152 months ago

      I want to be there when the students ask “”why didn’t the ones with the guns to protect against tyranny use them”.