tiprankstipranks

Trump says he ‘couldn’t care less’ if automakers raise prices, NBC News reports

In an interview with NBC News on Saturday, President Donald Trump said he “couldn’t care less” if automakers raised prices on their vehicles after announcing he would implement 25% tariffs on all foreign-made cars, NBC’s Kristen Welker and Alexandra Marquez report. When asked if he had warned auto industry CEOs against raising prices, he said, “No, I never said that. I couldn’t care less if they raise prices, because people are going to start buying American-made cars. I couldn’t care less. I hope they raise their prices, because if they do, people are gonna buy American-made cars. We have plenty.” Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue