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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    2 days ago

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

    • chatokun@lemmy.dbzer0.com
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      2 days ago

      That works much less in an interconnected world (part of why they hate globalism). There are other countries keeping tabs as well. It’s also why we know of the many atrocities committed by the US worldwide. They can try and hide what they can, but it’s much harder these days.

    • SabinStargem@lemmy.today
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      2 days ago

      I am certain that Dogey America will lose. Whether any good parts of the USA survive the chemotherapy is the question.