• Latest
  • Trending
  • All
  • Courts
  • Sport
New Tariff Concession by Trump Stands Out Most

New Tariff Concession by Trump Stands Out Most

5 months ago
Japan’s Prime Minister Shigeru Ishiba Steps Down

Japan’s Prime Minister Shigeru Ishiba Steps Down

3 hours ago
Trump Nominees Accumulate While GOP Considers Rule Change Once Proposed By Democrats

Trump Nominees Accumulate While GOP Considers Rule Change Once Proposed By Democrats

3 hours ago
Ex-Federal Employees Restore Climate Portal Scrapped By Trump

Ex-Federal Employees Restore Climate Portal Scrapped By Trump

4 hours ago
Governor Criticizes Trump Over ‘Department of War’ Post During Chicago Crackdown Protests

Governor Criticizes Trump Over ‘Department of War’ Post During Chicago Crackdown Protests

4 hours ago
Herb Conaway Net Worth, Academic Background, Career as a Physician, Public Image and Lifestyle Perception

Herb Conaway Net Worth, Academic Background, Career as a Physician, Public Image and Lifestyle Perception

6 hours ago
Barry Moore Net Worth, Early Years, Entry into Politics and Public Service

Barry Moore Net Worth, Early Years, Entry into Politics and Public Service

8 hours ago
Rick Scott Net Worth, Business Career, Family and Personal Life

Rick Scott Net Worth, Business Career, Family and Personal Life

8 hours ago
Mike Lee Net Worth, Early Life, Public Image and Influence

Mike Lee Net Worth, Early Life, Public Image and Influence

9 hours ago
Aleksandr Lukashenko Net Worth: All About His Rise in Politics, Influence and Power

Aleksandr Lukashenko Net Worth: All About His Rise in Politics, Influence and Power

11 hours ago
Curtis Sliwa Net Worth, Rise of the Guardian Angels, Marriages and Family Life

Curtis Sliwa Net Worth, Rise of the Guardian Angels, Marriages and Family Life

12 hours ago
Charles Breyer Net Worth: A Look At His Career Development in Law, Public Service and Achievements

Charles Breyer Net Worth: A Look At His Career Development in Law, Public Service and Achievements

13 hours ago
Thom Tillis Net Worth, His Early Life, Family Life and Personal Values

Thom Tillis Net Worth, His Early Life, Family Life and Personal Values

13 hours ago
  • Automobile
  • Campaign
  • Celebrity
  • Courts
  • Entertainment
  • News
  • Politics
  • Sport
Sunday, September 7, 2025
Stack Scientific
  • News
  • Politics
  • Sport
  • Entertainment
  • Celebrity
  • Automobile
No Result
View All Result
Stack Scientific
No Result
View All Result
Home News

New Tariff Concession by Trump Stands Out Most

Trump doubles down on tariffs as economic leverage.

by Rose Fernanda
5 months ago
in News
0
Tariffs still top Trump's list of economic tools (Photo: Donald Trump/Getty Images)

Tariffs still top Trump's list of economic tools (Photo: Donald Trump/Getty Images)

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

For someone who has proudly called himself a “tariff man,” Donald Trump still holds a strong belief that tariffs are a powerful economic weapon. He once described them as “the greatest thing ever invented” and has continued to treat them as a central part of his economic strategy.

To him, tariffs serve as a tool that can protect American manufacturing, encourage job creation, and force other countries to follow his economic direction. Since he became president, he has introduced tariffs, paused them, and then brought them back again, shaking up global trade relationships in the process.

RelatedPosts

Trump Nominees Accumulate While GOP Considers Rule Change Once Proposed By Democrats

Trump Nominees Accumulate While GOP Considers Rule Change Once Proposed By Democrats

September 7, 2025
Ex-Federal Employees Restore Climate Portal Scrapped By Trump

Ex-Federal Employees Restore Climate Portal Scrapped By Trump

September 7, 2025
Governor Criticizes Trump Over ‘Department of War’ Post During Chicago Crackdown Protests

Governor Criticizes Trump Over ‘Department of War’ Post During Chicago Crackdown Protests

September 7, 2025
Court Rules Trump Broke Federal Law Using Military In Los Angeles

Court Rules Trump Broke Federal Law Using Military In Los Angeles

September 2, 2025
The self-declared tariff man defends his trade playbook (Photo: Donald Trump/Alamy)

Even though he continues to support tariffs, Trump has started to admit that these measures might cause Americans to feel some financial pain. That point became clearer during his interview on NBC’s “Meet the Press” aired Saturday, where he mentioned that he was not concerned about rising car prices.

His statement on the matter was direct and repeated. When he was questioned about the 25 percent tariffs on foreign-made cars and auto parts that are set to begin on Thursday, he said those tariffs would stay. He also noted that auto manufacturers and suppliers should consider moving their operations to the United States.

During an important moment in the interview, NBC’s Kristen Welker pressed Trump on whether he was bothered by the possibility of higher car prices, which some analysts predict could rise by thousands of dollars.

Trump brushed it off, saying, “No, I couldn’t care less,” and added that if foreign cars become too expensive, buyers would simply switch to American cars instead.

Not long after the interview aired, a presidential aide tried to explain that Trump had been talking about the price increase on foreign vehicles specifically.

Though the White House focused on foreign vehicles in their response, these new tariffs are also expected to affect American automakers like Ford and General Motors. Many of their vehicles are built in Canada and Mexico.

Based on research from S&P Global Mobility, nearly 50 percent of cars sold in the US are imported, and close to 60 percent of parts used in American-assembled cars come from abroad.

Research from the Yale Budget Lab, an independent research group, predicted that car prices would go up by around 13.5 percent because of these tariffs. That would mean an additional $6,400 on the cost of a typical 2024 model.

Rising car prices don’t shake Trump’s tariff stance (Photo: Donald Trump/Flickr)

Reactions from Labor and White House Advisers

On Sunday, United Automobile Workers union president Shawn Fain acknowledged that tariffs could encourage car manufacturers to bring more jobs back to the US. However, he cautioned during an interview on CBS’s “Face the Nation” that tariffs alone would not fix everything for American workers.

For him, bringing jobs home should also mean creating union jobs that pay well and help raise industry standards. Peter Navarro, who served as a senior trade adviser under Trump, also backed the decision to move forward with tariffs. He stated that the money raised could reach about $100 billion.

That amount, according to him, could be used to give tax breaks to buyers of American-made vehicles. Navarro urged Americans to support the plan without fear of what the tariffs might bring. As he put it during his remarks on Sunday, people should simply “trust in Trump.”

Tags: Trump
ShareTweet
Rose Fernanda

Rose Fernanda

Rose Fernanda is a dedicated news writer with a strong focus on entertainment, politics, and sports. She has a deep understanding of current affairs and a talent for breaking down complex issues in a way that keeps readers engaged. Her work is well-researched, balanced, and aimed at giving people the right information to stay updated. Whether it is the latest in politics, major sporting events, or trending entertainment stories, Rose ensures her reports are clear, factual, and timely.

Related Posts

Ex-Federal Employees Restore Climate Portal Scrapped By Trump

Ex-Federal Employees Restore Climate Portal Scrapped By Trump

September 7, 2025
0

Orders first arrived to remove all references showing how climate change hits marginalized communities hardest. Soon after, officials demanded that...

Court Rules Trump Broke Federal Law Using Military In Los Angeles

Court Rules Trump Broke Federal Law Using Military In Los Angeles

September 2, 2025
0

A federal judge on Tuesday declared that President Donald Trump’s deployment of National Guard troops and Marines in Los Angeles...

Musk Claims Tesla’s Value Will Mostly Come From Optimus Robot

Musk Claims Tesla’s Value Will Mostly Come From Optimus Robot

September 2, 2025
0

Elon Musk is shifting Tesla Inc.’s focus away from its traditional car business toward humanoid robots that are still under...

Terence Stamp Known For Playing General Zod In Superman Dies At 87

Terence Stamp Known For Playing General Zod In Superman Dies At 87

August 18, 2025
0

The actor best remembered for portraying General Zod in the early Superman movies, Terence Stamp, has passed away at the...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 stack scientific.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Automobile
  • Campaign
  • Celebrity
  • Courts
  • Entertainment
  • News
  • Politics
  • Sport

Copyright © 2024 stack scientific.

×

No WhatsApp Number Found!

WhatsApp us