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submitted 10 months ago* (last edited 10 months ago) by MicroWave@lemmy.world to c/news@lemmy.world

Summary

Trump warned automakers not to raise prices after announcing a 25% tariff on imported vehicles starting April 3, claiming the tariffs would be "great" and benefit U.S. manufacturing.

Industry leaders, including GM, Ford, and Stellantis CEOs, expressed concerns about inevitable price increases, with experts warning tariffs could add thousands to car costs.

Auto suppliers stated that absorbing tariffs is impossible, and dealers fear affordability challenges for consumers.

While the United Auto Workers union support the move as a job creator, trade groups predict higher prices and fewer manufacturing jobs.

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[-] Tiger666@lemmy.ca 22 points 10 months ago

Can you say "economic collapse".

[-] pleasegoaway@lemm.ee 27 points 10 months ago

The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.

All is going according to plan.

[-] Tiger666@lemmy.ca 12 points 10 months ago

100% agree, this is a coordinated attack on the US by bad faith actors willing to sell a society into bondage for personal gain. They want to make themselves techno-pharoes, in my opinion.

[-] peteyestee@feddit.org 4 points 10 months ago* (last edited 10 months ago)

This is something people forget a lot because everyone gets consumed by latest bullshit drama pop political news.

[-] Litebit@lemmy.world 2 points 10 months ago

yup he is helping russia make US go bankrupt. Trump has talent in bankrupting his companies.

this post was submitted on 28 Mar 2025
753 points (98.8% liked)

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