President Donald Trump said on Saturday (29) that he does not care if car manufacturers increase prices because of their prices. In fact, encourage them to do so.
When asked about NBC News Kristen Welker in a telephone interview about whether he had pressed car manufacturers to avoid increasing prices after a 25 % tariff appeared on cars and imported pieces into effect, Trump denied that he had told the executives to control costs.
“No, I never said that,” said Trump and Walker. “I couldn’t care less if the prices are increased because people will start buying American cars.”
The Wall Street Journal reported on Thursday that Trump conducted this month with Cepies and threatened them with heavier definitions if they raised prices due to import taxes. But Trump said on Saturday that he expects its prices to take higher prices, as it will encourage car manufacturers to build their cars and cut them in the United States and persuade customers to buy the Americans.
“I hope to increase the prices, because if they do that, people will buy the cars that were made in the United States. We have a lot.”
Trump said that the message he delivered to the CEO was to change production to the United States. Foreign and national auto manufacturers have created many of their cars and spare parts in the United States, but they also make vehicles and parts in Mexico and Canada. For decades, the North America’s free trade zone has treated the United States, Canada and Mexico as a large country.
“The message is:” Congratulations, if you make your car in the United States, you will make a lot of money, “Trump Lilker said. If you do not, it is likely to come to the United States, because if you make your car in the United States, there is no tariff. “
Car manufacturers have hesitated to change production to the United States due to the large expenditures and the amount of time to build new factories, employ workers and control supply chains. Trump’s intermittent prices give the car industry executives with little confidence that he will keep his long -term plans.
At this stage, Trump said on Saturday that the following huge mutual definitions that are compatible with import taxes from foreign countries will be permanent – but also open to negotiations.
He said about the prices that will be valid on Wednesday (3): “Certainly, they are permanent, of course.” “The world has been stealing the United States over the past forty years.”
But Trump later said he would negotiate low prices “Only if people are ready to give us something of great value. Because countries have things of great value. Otherwise, there is no room for negotiation.”
Auto experts said that Trump’s tariff on vehicles and spare parts, which will be effective on Thursday, will increase the cost of producing all cars sold in the United States that were imported and built in US factories in thousands of dollars. Regardless of whether or not car manufacturers increase prices, vehicle prices will definitely increase in the United States due to the imbalance between supply and demand.
Car manufacturers may reduce car production while waiting to know if the definitions will be short. They may also be concerned that the additional cost of tariffs may exclude some potential buyers.
Canadian Prime Minister Mark Carnary told Trump on Friday Your nation will discuss the United States with its own prices if Trump continues its promised rates – which may increase what has already become an ugly and harmful trade war. Trump said on Saturday that he would not postpone prices, but he may be open to an agreement after it entered into force.
