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.
Why is that odd? It makes sense that as the automotive industry has increasingly become automated, there would be less of a need for human labor.
And since auto jobs have been exported to Mexico since NAFTA.
And since the auto sector is more than a century old.
The big 3, sure. But there’s many automakers who still do manufacturing in the US- Toyota, VW, Rivian, and Tesla (lol) come to mind. However, they’re also building those plants in the South because of crap labor protections for workers and no unions.