President Donald Trump said he “couldn’t care less” if international automakers increase pricing due to his 25% tariffs on all foreign-made auto parts and imported vehicles announced several days ago.
The move — which was was censured by foreign automakers and leaders and led to the fall of shares in stocks for companies like General Motors and Ford, per the Associated Press — escalated tensions in a looming trade war.
The American Automotive Policy Council representing domestic automakers said in a statement that “it is critical that tariffs are implemented in a way that avoids raising prices for consumers and that preserves the competitiveness of the integrated North American automotive sector.” In a sprawling interview with NBC News, Trump maintained: “The message is congratulations, if you make your car in the United States, you’re going to make a lot of money.
If you don’t, you’re going to have to probably come to the United States, because if you make your car in the United States, there is no tariff.” Asked whether he had convened U.S.
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