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.

  • Avid Amoeba
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    3 days ago

    It depends on the model and parts. Overall Tesla is hurt the least. I think their LFP batteries are PRC-made for example. For the Big Three, the parts situation is the most complicated. There are plenty US-made vehicles, e.g. F-150, but various parts could come from anywhere in North America.