Trump warns companies not to raise car prices..!?
President trump has warned US car companies not to raise car prices domestically, as he has imposed a 25 percent tax on car imports from abroad. trump has imposed a 25 percent tax on cars imported from Canada, India, China, and european countries. This is set to take effect on the 3rd. Major automakers can deal with President Donald Trump's tariffs on U.S. auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models, or limits on features for consumers, industry experts said. trump announced 25% tariffs on car and auto parts on Wednesday, sending global automakers' shares down and raising fears of job losses in big auto-exporting countries.
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President trump has warned US car companies not to raise car prices domestically, as he has imposed a 25 percent tax on car imports from abroad. trump has imposed a 25 percent tax on cars imported from Canada, India, China, and european countries. This is set to take effect on the 3rd. Major automakers can deal with President Donald Trump's tariffs on U.S. auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models, or limits on features for consumers, industry experts said. trump announced 25% tariffs on car and auto parts on Wednesday, sending global automakers' shares down and raising fears of job losses in big auto-exporting countries.
