Brief by Shorts91NewsDesk / 11:19am on 30 Mar 2025,Sunday Business
U.S. President Donald Trump, in a recent NBC News interview, dismissed concerns over potential car price increases resulting from new tariffs on foreign-made automobiles set to commence on April 2. He stated, "I couldn't care less" if automakers raise prices, expressing confidence that such hikes would drive consumers toward American-made vehicles. Trump emphasized that he would only consider negotiating the tariffs if substantial concessions are offered. These tariffs are part of his administration's broader strategy to bolster American manufacturing and address trade imbalances, despite criticism and concerns about consumer price impacts. (PC: Reuters)
