Trump says that he nevertheless cares if car prices increase because of the prices

CNN –

President Donald Trump said on Saturday that he did not care if car manufacturers increased prices because of his prices. In fact, he encouraged them to do so.

Questioned by NBC News, Kristen Welker, in a telephone interview to find out if he has put pressure on car manufacturers to avoid increasing prices after the 25% prices on the entry into force on cars and imported parts, Trump denied that he had told CEOs to control costs.

No, I never said that, Trump said to Welker. I don't care if they increased prices because people will start buying American cars.

The Wall Street Journal reported Thursday that Trump had made a call this month with cavities cars and threatened them with even heavier prices if they increased prices due to import taxes. But Trump said on Saturday that he hoped that his prices will lead to higher prices because it will encourage car manufacturers to build their cars and parts in the United States and persuade customers to buy American.

I don't care, said Trump. I hope they increase their prices, because if they do, people will buy American manufacturing cars. We have a lot.

Trump said the message he had delivered to CEOs was to put production in the United States. Foreign and national car manufacturers bring together many of their cars and parts in the United States, but also make vehicles and parts in Mexico and Canada. For decades, a free trade area in North America has effectively treated the United States, Canada and Mexico as a large country.

The message is: Congratulations, if you do your car in the United States, you will earn a lot of money. If you don't, you’ll likely have to come to the United States because if you’re doing your car in the United States, there’s no price, Trump told Welker.

Car manufacturers have hesitated to move production in the United States due to significant expenses and the time required to build new factories, hire workers and adjust the supply chains. And prevails over booming prices, give CEOs of self -confidence that hell sticks to its long -term plans.

At this point, Trump said on Saturday that his future reciprocal prices that correspond to foreign countries to import taxes to a dollar for a variety of products will be permanent but that it is also open to negotiations.

Absolutely, they are permanent, of course, he said samples, which was to come into force on Wednesday. The world has been getting the United States for 40 years and more.

But Trump later said that he would negotiate the prices that if people were ready to give us something of great value. Because countries have great value. Otherwise, there is no room for negotiations.

Experts from the automotive industry said Trumps prices on vehicles and parts, which should come into force on Thursday, will increase the cost of production of all cars sold in the United States, the two imports and those built in American factories by thousands of dollars. Whether car manufacturers increase prices themselves or not themselves, vehicle prices will increase almost certainly in the United States due to an imbalance in supply and demand.

Car manufacturers will probably reduce the production of cars while waiting to see if the prices are short -lived. They may also be concerned that the additional cost of prices can assess certain potential buyers.

Canadian Prime Minister Mark Carney told Trump on Friday that his nation would retaliate against the United States with prices apart if Trump advances his promised samples that potentially increase what is already transformed into a ugly and harmful trade war. Trump said on Saturday that he would not delay the prices, but he can be open to an agreement after their entry into force.

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