Current Affairs

Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.

President Trump said, “The customs tariff is the greatest thing he invented ever,” President Trump said. For someone called it once.The tariff man, “ The definitions are Solutions for many economic problems.

He has argued that the imposition of definitions would protect American factories, stimulate manufacturing, create new job opportunities and bends non -will governments. Since its opening, while imposing it, then it was imposed and then the definitions were imposed again, Mr. Trump has raised Global trading system.

But during that time, Mr. Trump also began admitting that the definitions might cause financial discomfort to the Americans. This possibility appeared in blatant phrases in an interview with “Meet The Press” from NBC from Saturday, when Mr. Trump said he “cannot care” with the possibility of high car prices.

The president repeated the feelings twice when he was asked about the definitions by 25 percent Imported cars and car parts It is a promise that will enter into force on Thursday. “The definitions were permanent, and that he would encourage car companies and suppliers to move to the United States.

In one exchange, Mrs. Wilker asked Mr. Trump if he was absolutely interested in the impact of definitions on car prices, which experts said. It can rise by thousands of dollars. He said, “No, I could not care less, because if the prices of foreign cars rise, they will buy American cars.”

After the interview, President NBC was told that Mr. Trump was indicating an increase in foreign cars.

While the White House sought to emphasize foreign -made vehicles, definitions will affect American companies such as Ford Motor and Granur Motors, which builds many of their cars in Canada and Mexico. Almost half of the vehicles sold in the United States are imported, according to Global Mobility Data S&PAnd about 60 percent of the car parts in the cars collected in the country.

A study conducted Yale budget labIt is a non -partisan research center, the tariffs are expected to increase the prices of vehicles by 13.5 percent – at an additional $ 6400 for a new 2024 car price.

On Sunday, Sean Fine, President of the United Auto Labor Union, said that the definitions were already a “incentive” for car makers to return jobs to the United States. But he said in the “nation of the nation” to CBS, they were not a “final solution” to help American car workers. Mr. Fine said that if the jobs are returned to the United States, they should be “good -paying union jobs that determine the standards.”

Peter Navarro, the chief commercial consultant for Mr. Trump, defended the definitions and said they would collect about 100 billion dollars, which will translate into tax credits for people who buy American cars. He also told the Americans not to worry about the effects of definitions.

Instead, he said on Sunday, they must “trust in Trump.”

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