Mar 31, 2025

Donald Trump on the impact of tariffs on foreign car prices

I couldn’t care less, because if the prices on foreign cars go up, they’re going to buy American cars.  I hope they raise their prices, because if they do, people are gonna buy American-made cars.  We have plenty.

~ President Donald Trump, interview, NBC News, March 30, 2025

(The new 25% tariffs on foreign-made cars and auto parts are set to take effect on April 3, a day after Trump is scheduled to announce reciprocal tariffs on imports from more of America’s trading partners.  While there were reports last week that the reciprocal tariffs would be targeted and less ornery, the Wall Street Journal reported Sunday that the Trump administration is considering stiff tariffs of up to 20% against almost all U.S. trading partners.)



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