Sun Mar 30 11:40:00 UTC 2025: ## Trump Defends Auto Tariffs, Says He Wants Prices to Rise
**Washington, D.C.** – President Trump doubled down on his 25% tariffs on imported cars and parts, stating Saturday he not only doesn’t mind if automakers raise prices, but hopes they do. In a phone interview with NBC News, Trump denied reports that he pressured auto CEOs to absorb the increased costs, asserting that higher prices would encourage consumers to buy American-made vehicles.
“I couldn’t care less if they raise prices, because people are going to start buying American cars,” Trump said. He confirmed that his message to auto executives was to shift production back to the U.S., claiming that domestic manufacturers would profit handsomely while those who don’t relocate face further tariffs.
This statement contradicts a Wall Street Journal report alleging Trump threatened automakers with even higher tariffs if they increased prices. The President insisted his upcoming reciprocal tariffs, set to take effect Wednesday, are “permanent,” although he left the door open for negotiations, contingent on foreign countries offering “something of great value.”
Experts warn that Trump’s tariffs will significantly increase the cost of all cars sold in the U.S., regardless of origin, potentially pricing some buyers out of the market and leading to reduced production as automakers await further clarity on the administration’s trade policy. Canada has already threatened retaliatory tariffs. While Trump affirmed his commitment to the tariffs, he hinted at potential post-implementation negotiations. The looming trade war continues to raise concerns about its impact on the auto industry and the broader economy.
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