Summary
Germany vows not to “give in” as Donald Trump imposes a 25% tariff on imported cars, effective April 2, with parts tariffs starting in May.
France, Canada, China, and Japan criticize the move, warning of economic harm and trade disruptions. European leaders call for retaliatory tariffs to maintain a balanced trade field.
Automakers’ shares, including General Motors and Ford, dropped significantly.
Trump argues tariffs will boost US manufacturing, while critics claim they will increase consumer prices and hurt global economic ties.
I don’t even now what Trump is wanting us to “give in” on, or if he has anything in particular that he wants. Isn’t his position basically that the tariffs are good for the US purely in their own right, and exist for their own sake? He thinks that by doing this it’ll magically revive the domestic car manufacturing industry and then they’ll have tons of cars and money and everyone else will think he has giant hands.
He’s just a snake oil salesman looking to cause a problem to sell the solution. Just the usual conman shit, but at a national level.
AND endorsed by the public, at least some of them.