Sun, 30 Mar 2025

Sun, 30 Mar 2025 Trump says he 'couldn't care less' about higher car prices

Trump says he hopes foreign carmakers raise prices as it means people will buy US-made cars.

* Donald Trump says he doesn't care if car prices rise after his 25% tariffs on foreign-made vehicles come into effect
* Analysts warn that tariffs could lead to temporary shutdown of US car production and increased prices for consumers
* Trump says foreign carmakers will raise prices, which means people will buy American-made cars
* He tells car bosses "congratulations" if they make their cars in the US, as there will be no tariff
* Polling suggests 72% of Americans believe tariffs will increase costs in the short-term
* Trump's senior counselor Peter Navarro says foreigners will "eat most of it" and that the US is the biggest market in the world
* The head of the United Auto Workers union says tariffs are a necessary tool to return manufacturing to the US
* Trump says he won't delay the tariffs on cars, but may negotiate if countries offer something of value
* He threatens to impose secondary tariffs on Russian oil if Vladimir Putin stalls progress on Ukraine peace talks
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