Trump Says He May Raise Tariffs on Automakers
Bloomberg Television·2025-06-12 19:02
To defer the defend our autoworkers. I impose this 25% tariff on all foreign automobiles and investment in American manufacturing and auto manufacturing or manufacturing is surging. And I might go up with that tariff in the not too distant future.The higher you go, the more likely it is they build a plant here. Ford has just announced that it's going to invest $500 million. And some of the things involved in what we just did, General Motors is going to spend $4 billion.It just announced that yesterday, STEL ...