MaddowBlog-Trump says he 'couldn't care less' if some automakers raise prices due to tariffs
As a candidate, Trump said hed lower prices on day one. As a president, hes now saying he couldnt care less if some automakers raise prices.
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Two days after the Journals report reached the public, the president spoke to NBC News about this and other issues, and he denied the accuracy of the account or at least tried to.
The president said he couldnt care less if automakers raised prices after he announced he would impose 25% tariffs on all foreign-made automobiles. When pressed if he told CEOs not to raise prices, as reported in the Wall Street Journal, Trump added, No, I never said that. I couldnt care less if they raise prices, because people are going to start buying American-made cars.
Trump continued, I
couldnt care less. I hope they raise their prices, because if they do, people are gonna buy American-made cars......
With this in mind, if the president assumes that U.S. companies are on board with his approach, theres evidence to the contrary. In fact, it was just last month when Ford Motor CEO Jim Farley spoke at a conference and said the Trump administrations trade policies were generating a lot of chaos for the industry.
As part of the same remarks, the Ford executive also warned that some of the White Houses plans for trade tariffs would be
devastating to auto manufacturers and blow a hole in the U.S. industry that weve never seen.
It might seem like ancient history, but it was just last year when Trump told voters,
When I win, I will immediately bring prices down starting on day one. This is not a cherry-picked quote that he accidentally blurted out once and then quickly forgot. On the contrary, the then-candidate repeated the line over and over again as Election Day approached, assuring Americans that hed help lower prices immediately after returning to the White House.
Its hard not to wonder how voters who believed his promises feel after hearing
Trump say he couldnt care less if some automakers raise prices.