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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOOPSIE Trump Accidentally Wrecks His Own Tariff Spin in Leaked Call Stunner
Greg Sargent, The New Republic
March 29, 2025
OOPSIE
Trump Accidentally Wrecks His Own Tariff Spin in Leaked Call Stunner
In a call with auto CEOs, the president warned them against raising prices. Isnt that an admission that his argument for tariffs is bogus?
https://newrepublic.com/article/193352/trump-car-tariffs-vehicle-auto-ceo-wrecks-spin
"SNIP...........
Faced with expert opinion predicting that his tariffs will jack up prices for American consumers, President Trump has carefully considered a wealth of evidence surrounding this complex matter, and after extensive consultation with stakeholders on all sides, has concluded that his tariffs are a bad idea, after all.
Just kidding! Actually, Trump has decided to take another course entirely: Stung by that expert opinion, hes now corruptly wielding executive power to warn the relevant companies that theyd better not raise prices after his tariffs go into effector else.
The Wall Street Journal reports that in a private call with CEOs of the nations leading auto companies this month, the president warned them against hiking prices after his tariffs hit. The White House will look unfavorably on them if they do, he darkly intimated, leaving them worried about retribution.
This is getting attention as another abuse of power, akin to his extortion of law firms. But its notable for a different reason: It wrecks the spin Trump has offered on his tariffs on many different levels, and it highlights a glaring absurdity about his economic agenda that continues to be overlooked. While Trumps stated goal of tariffs is to rebuild the nations industrial base, hes gunning to reverse policies by his predecessor in a way that would kill large numbers of manufacturing jobs, including in the auto industry, simply because they would facilitate the transition to a green future.
.........SNIP"
Applegrove:
thanks to my cousin for the suggestion

dalton99a
(87,639 posts)zorbasd
(363 posts)maintain the same prices, take the losses, and go bankrupt for his fucking sake. From the so called "billionaire" capitalist.
rubbersole
(9,598 posts)Importers just write checks to the tariff fairy. "He's like a horse in a hospital." - John Mulaney
Skittles
(162,957 posts)
CitizenZero
(636 posts)He understands nothing about government or the economy. He is going to run the country into the ground like one of his shitty casinos.
Skittles
(162,957 posts)which is it?
struggle4progress
(122,256 posts)Skittles
(162,957 posts)
CitizenZero
(636 posts)In the old days, it would a stupid move to threaten the auto industry. Trump reveals his true colors here. He is basically a mob boss who somehow got in charge of the U.S. government. One of the worst things to happen in American history. He is an extortionist and a criminal. He should have been stopped a long time ago.
For him to exit. He is threatening the whole world. Classic narcissist rage.
Morbius
(377 posts)The GOP will continue to obey his every whim. His supporters won't hear about this because the right-wing media sphere won't cover it. Those of us who pay attention didn't want him back anyway.
He told us years ago: he could literally get away with murder.
Old Crank
(5,461 posts)Making an offer they will go broke if they comply.