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.
Is that… is that a portrait of Reagan on the wall behind him? The man has no concept of irony…
It feels so gross upvoting a picture and quote from Reagan.
Agreed. But this is a stopped clock situation, and the sentiment is not wrong.
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Truth is truth, no matter the source.
you’re upvoting an even worse than Reagan meme
I felt pretty gross posting it, so, ya know, fair enough.
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Oh 100% agreed, Reagan was a piece of shit, I just find it hilarious that Trump reveres a man who spoke openly against exactly what he’s doing.
It’s not just irony he has no knowledge of history. He know that Reagan said that. All he knows is that Reagan has an R beside his name and maybe possibly the words trickle down economics.
Since we’re talking about Trump I am 100% confident you are wrong on that.
He doesn’t care about R, just ego.
Reagan also never used the words trickle down economics. Nor would pretty.much anyone Trump talks to. He wouldn’t associate Reagan with that either.
I’m going to guess from context that they meant to write ‘doesn’t know’, but…