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.
He’s supposed to be a businessman. How can he not understand that business doesn’t work like that?
He is a businessman, but there was always debate about whether he was a good businessman. Judging by his casinos going bankrupt, I would consider him bad. Also see trump steaks, or trump university.
He’s more of a conman, who fails at business.
He’s still conning the suckers…
He was never a good businessman, though.
If he hadn’t started with inherited wealth, he would never have been able to get to where he is.
He only got a small loan of a million dollars.
That doesn’t sound small to me.
Unless you missed a /s…
It’s a Trump quote that people started using sarcastically.
Probably achieved a lot of stuff by bullying, or what is basically bullying.
Is he really tho: