Trump says he 'couldn't care less' if car prices rise in the US

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

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersTrump says he 'couldn't care less' about higher car prices6 hours agoShareSaveVicky WongBBC NewsShareSaveWatch: US drivers react to Trump's new auto tariffDonald Trump has said he "couldn't care less" if carmakers raise prices after his 25% tariffs on foreign-made vehicles comes into effect.

Some analysts have warned that Trump's import charges could lead to the temporary shutdown of a proportion of US car production, with increased prices passed onto consumers.

But the US president told NBC News on Saturday that he hoped foreign carmakers will raise prices as it meant "people are gonna buy American-made cars - we have plenty".

On Wednesday, Trump announced new 25% tariffs on cars and car parts entering the US to begin on 2 April. Charges on businesses importing vehicles are expected on 3 April, and taxes on parts are set to start in May or later.

When asked about what his message was to car bosses, he said: "The message is congratulations. If you make your car in the United States, you're going to make a lot of money."

https://www.bbc.com/news/articles/cgrgj51gl25o


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