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Trump Says He ‘Couldn’t Care Less’ If Auto Prices Rise Because Of His Tariffs

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President Donald Trump said on Saturday that he “couldn’t care less” if car prices spike because of his 25 percent tariffs on auto imports, saying the levies will prompt more people to buy American cars.

“I couldn’t care less. I hope [foreign automakers] raise their prices, because if they do, people are going to buy American-made cars. We have plenty,” he said in the interview with NBC’s Kristen Welker, which aired Saturday.

During the interview, he said he did not warn U.S. automakers against hiking prices on their cars as reported by some news organizations. He said his message to industry leaders was, “Congratulations, if you make your car in the United States, you’re going to make a lot of money. If you don’t, you’re going to have to probably come to the United States, because if you make your car in the United States, there is no tariff.

It was a remarkable, if politically perilous, statement from Trump amid ballooning costs on a wide range of goods. Voters’ economic anxieties propelled Trump to the White House as critics complained his predecessor wasn’t sensitive enough to the impact of persistent inflation on everyday Americans. On the campaign trail, Trump vowed that prices would begin to come down on day one of his presidency, but they remain stubbornly high, with potentially more economic pain in coming days as more tariffs take effect.

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