Trump says that “it could not give a damn” if the car rates increase cars prices in the United States
President Trump said that “rates are the biggest thing ever invented”. For someone who once was called a “tariff man “, The rates are the Solutions to many economic problems.
He argued that the imposing rates would protect American factories, would stimulate production, would create new jobs and bend non -collaborative governments to his will. From its inauguration, while imposing and thus supporting and then imposing the rates again, Mr. Trump overturned the Global trading system.
But over the course of that time Mr. Trump also started admitting that rates could cause financial discomfort for Americans. This possibility emerged in terms of net in an interview with the “Meet The Press” of the NBC since Saturday, when Trump said that “he could not in a hurry less” of the highest prices of the cars.
The president repeated the feeling twice when he was asked for the rates of 25 percent Imported cars and car parts Which promised will come into force on Thursday. He told the guest of the NBC News Kristen Welker that the rates were permanent and that he would encourage car companies and their suppliers to move to the United States.
In an exchange, Mrs. Welker asked Mr. Trump if he dealt with the effect of the rates on the prices of cars, who said the experts it could climb thousands of dollars. “No, it couldn’t give a damn,” he said, “because if the prices of foreign cars go up, they will buy American cars.”
After the interview, a president’s helper told the NBC that Trump referred to the increase in the prices of foreign cars.
While the White House has tried to emphasize foreign manufacture vehicles, the rates will influence American companies such as Ford Motor and General Motors, who build many of their vehicles in Canada and Mexico. Almost half of the vehicles sold in the United States are imported, according to S&P Global Mobility DataAnd almost 60 percent of the car parts in cars assembled in the country.
A study by Yale Budget LabA non -partisan research center provides that the rates would cause the increase in vehicles on average by 13.5 percent, an additional $ 6,400 at the price of a new average 2024 average.
Sunday, Shawn Fain, president of the United Authed Workers Union, said that the rates were truly a “motivator” for the car manufacturers to bring jobs back to the United States. But, he said on CBS’s “Face The Nation”, they were not a “final solution” to help American car workers. If the works are reported in the United States, Fain said, they must be “good union jobs that establish standard”.
Peter Navarro, Senior Commercial Councilor of Trump, defended the rates and said he would have collected about $ 100 billion, which would translate into tax credits for people who buy American cars. He also told Americans not to worry about the effects of rates.
Instead, he said on Sunday that they should “trust Trump”.
