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.

    • IninewCrow@lemmy.ca
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      4 days ago

      Aka the mafia … backed by muscle and violence

      Do as we say … or you’re going to have some trouble with your knees … you don’t want trouble with your knees do you? … wouldn’t want to have an accident with your knees

      • Mirshe@lemmy.world
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        4 days ago

        Awful nice automotive industry you got here. Be a damn shame if a training accident dropped some bombs on your factory. A real shame, it’d be.