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Trump says he “doesn’t care” if the prices of foreign cars increased

remon Buul by remon Buul
March 30, 2025
in Business
0
Trump says he “doesn’t care” if the prices of foreign cars increased

Donald Trump said he “didn’t care 25% prices on vehicles made abroad comes into force.

Some analysts have warned that Trump’s charges about companies that import vehicles could lead to the temporary closure of significant cars production in the United States, prices increase and tension relations with allies.

But addressing NBC News on Saturday, the American president said he hoped that foreign car manufacturers will increase prices because it means that “people will buy American manufacturing cars. We have a lot”.

Trump on Wednesday announced new 25% import taxes on cars and car parts entering the United States from abroad, which came into force on April 2. The costs of companies’ import vehicles are expected on April 3, and parts on the parts should start in May or later.

When asked what his message was his message to the car, he said: “The message is congratulations, if you make your car in the United States, you will earn a lot of money.”

He continued saying, “If you don’t, you will probably have to come to the United States, because if you do your car in the United States, there is no price.”

The 25% import tax on manufacturers briefly implemented but then stopped At the beginning of March following the pleads of the main car manufacturers in North America such as Ford, General Motors and Stellantis.

But Trump told NBC that he had not planned to delay the taxation of the car prices, claiming that he would consider negotiating “only if people are ready to give us something of great value. Because countries have great value, otherwise, there is no room for negotiation.”

Trump’s comments come when Downing Street Sources said the The United Kingdom would not hesitate to retaliate against American prices if necessary.

The United Kingdom is in last-minute negotiations with the White House and is trying to obtain an exemption, arguing that-unlike other countries-the United Kingdom has a relatively equal commercial relationship with the United States. Prime Minister Sir Keir Starmer said he didn’t want to jump into a trade war.

Several major savings have also promised to respond in response to Trump’s prices.

Germany said that it will “not give up” and that Europe must “answer firmly”The French president described this decision to “waste time” and “incoherent”, Canada calling him “direct attack”, and China accused Washington of raping international trade rules.

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