Trump Unfazed by Rising Car Prices Due to Tariffs
Trump: Steigende Autopreise durch Strafzölle sind ihm »egal« 🔗
US President Donald Trump has stated that he is unconcerned about rising automobile prices in the United States due to tariffs imposed by his administration. In an interview, he expressed hope that higher prices would encourage consumers to buy American-made cars, as the tariffs are designed to boost domestic manufacturing and reduce the trade deficit. These tariffs on certain foreign goods and automobiles are set to take effect on April 2. Meanwhile, the European and German industries have warned of potential job losses and significant revenue declines in response to the tariffs, and the EU Commission is preparing strong countermeasures.
What is Trump's stance on rising car prices due to tariffs?
Trump stated that he does not care about rising car prices and believes it will lead consumers to buy American-made cars.
When will the tariffs on foreign goods and automobiles take effect?
The tariffs are set to take effect on April 2.
What concerns do the European and German industries have regarding these tariffs?
They warn of a potential tariff spiral, job losses, and significant revenue declines from exports to the US.