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Automakers warn that Trump tariffs will hike vehicle prices as much as 25% (www.reuters.com)

submitted 4 days ago by btaf45@lemmy.world to c/usa@midwest.social

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[–] SanicHegehog@lemm.ee 10 points 4 days ago (2 children)

Automakers will use tariffs as an excuse to raise prices 25%

[–] 4am@lemm.ee 4 points 4 days ago

Yeah, what did everyone think was gonna happen? Did you think the Mexican government, the Chinese government, was gonna cover the tariff? Because we’re special? Lol

[–] veroxii@aussie.zone 2 points 4 days ago

Is it really "just an excuse"? Aluminium and steel are now tariffed at 25% from across the world. If these are the main raw materials for cars, what else should the automakers do?