- President Donald Trump has abandoned problems that its author’s will lead to manufacturers manufacturers, saying that it cannot take care less when they do it. In an interview with NBC News, he added that: “I hope they raise prices because when they do it, people will buy American cars.” But even the cars collected in the US have foreign details.
President Donald Trump said his new authorship is constant and get rid of problems that manufacturers will raise prices.
Y en Interview with NBC News Saturday he was asked about recent Wall Street Journal The report stated, he warned the car guidance not to go for a price, discussing tariffs with them.
“No, I never said it. I couldn’t care when they raise prices because people will start buying cars of American manufacturers,” Trump replied.
He added: “I couldn’t care. I hope they raise prices because when they do it, people will buy American cars. We have a lot.”
Later, Trump said that if foreign cars rise, consumers will buy US cars.
He also confirmed that the tariffs here remain, saying, “They are absolutely permanent.
Autoses made by foreign ones will also be reached by 25% tariff, but vehicles and details imported under the US-Mexico agreement agreement will not see duties until the government set them to introduce them, the White House said.
The United States and foreign automakers closely integrate the supply networks that cover North America. During the production process, cars and details can cross between the US, Mexico and Canada several times.
Analyst Wedbush Securities Dan Jus estimated that this Cars can increase by 5000 to 10,000 dollars Due to automatic tariffs, depending on whether the vehicle is a mass market or premium.
“Every automaker in the world will have to raise the prices in some form sold in the US, and the logistics of the chain of this tariff, heard all over the world, is difficult to even hug us at this point,” he wrote in the research note on Friday.
While the White House said the tariffs are designed to revive the US Industrial Base, Jus is skeptical that car production could be completely revised.
All because even cars built in America are equipped with foreign parts and components that make up 40% to 50% of their cost.
“The US car with all the American parts made in the US is a fictional fairy tale, even impossible,” he added.
Originally this story was presented on Fortune.com
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2025-03-29 23:44:00
Jason Ma
