this post was submitted on 28 Mar 2025
754 points (98.8% liked)

News

28372 readers
4655 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Summary

Trump warned automakers not to raise prices after announcing a 25% tariff on imported vehicles starting April 3, claiming the tariffs would be "great" and benefit U.S. manufacturing.

Industry leaders, including GM, Ford, and Stellantis CEOs, expressed concerns about inevitable price increases, with experts warning tariffs could add thousands to car costs.

Auto suppliers stated that absorbing tariffs is impossible, and dealers fear affordability challenges for consumers.

While the United Auto Workers union support the move as a job creator, trade groups predict higher prices and fewer manufacturing jobs.

top 50 comments
sorted by: hot top controversial new old
[–] Eddbopkins@lemmy.world 35 points 6 days ago (1 children)

trump has had 6 companies go bankrupt he is not a good business man.

[–] ShaggySnacks@lemmy.myserv.one 2 points 6 days ago

No, no, no. Don’t you see, making 6 companies go bankrupt makes Trumpy a very a good business man. /s

[–] inclementimmigrant@lemmy.world 29 points 6 days ago (1 children)

Is he so stupid he doesn't understand how to fascism?

[–] SketchySeaBeast@lemmy.ca 14 points 6 days ago (1 children)

Yes, and at this point it's the United States' only hope.

[–] ArchmageAzor@lemmy.world 5 points 6 days ago

Can't count on the people, better hope the regime kills itself.

[–] boonhet@lemm.ee 16 points 6 days ago

Holy shit everyone was right and he doesn't understand how tariffs work

[–] CharlesDarwin@lemmy.world 18 points 6 days ago

Ugh, I hate this timeline, where a whole lot of people, countries, and organizations are trying to avoid incurring the wrath of a complete dipshit and total baby named donvict.

[–] Kolanaki@pawb.social 13 points 6 days ago* (last edited 6 days ago) (2 children)

At this point, I am surprised he hasn't ordered the treasury department to just mint more cash.

[–] Neverbeaten@lemmy.world 15 points 6 days ago

That will come. He’ll also stop payments on Treasury Bonds. Not paying agreed upon obligations is his MO in business.

[–] ArchmageAzor@lemmy.world 3 points 6 days ago

I think that's what happened to Nazi Germany, so just wait a little while.

Meanwhile, prepare to barter.

[–] carrion0409@lemm.ee 9 points 6 days ago (2 children)

Absolute clown administration

[–] ArchmageAzor@lemmy.world 4 points 6 days ago

Absolute clown country

[–] aeternum@lemmy.blahaj.zone 3 points 6 days ago (1 children)
[–] carrion0409@lemm.ee 3 points 6 days ago

Youre right mb

[–] alvyn@lemm.ee 3 points 6 days ago (2 children)

This is #mafia #fascism tactics. I hope #us economy leaders will realize how crazy #trump is and the will go against him.

[–] Hupf@feddit.org 26 points 6 days ago (1 children)

I'm gonna have to confiscate these: ####.

[–] dnick@sh.itjust.works 11 points 6 days ago (1 children)

Seriously, what can possibly make that worth adding?

[–] DreadPirateShawn@lemmy.blahaj.zone 3 points 6 days ago (2 children)

Would you say it's your #1 complaint?

[–] Hupf@feddit.org 2 points 6 days ago
[–] dnick@sh.itjust.works 1 points 5 days ago

I would have until this comment :)

[–] matlag@sh.itjust.works 3 points 6 days ago

And that will come, but unfortunately not before he turned the country into a fascist state with no more balance of power. At that time, oligarchs will have their useful idiot removed and replaced by a real puppet that will be granted absolute power.

[–] Gordito@lemmy.world 192 points 1 week ago (9 children)

So basically government price fixing. Isn't USA supposed to be the pillar of libertarian capitalism?

[–] UnderpantsWeevil@lemmy.world 72 points 1 week ago* (last edited 1 week ago) (8 children)

So basically government price fixing.

Not even. He's not doing anything to prevent prices from going up. He's just whining at businesses for refusing to cut their margins to fund his government.

Isn’t USA supposed to be the pillar of libertarian capitalism?

It's funny. There's a couple of think thanks - the Fraiser Institute, the Hoover Institute, in collaboration with the CATO Institute - that are constantly putting out papers saying how America hasn't gone Libertarian Capitalist enough. Historically, the two places in the world they consider "Most Libertarian" have been Hong Kong and Singapore.

However, over the last decade, they've been forced to delist both of these locations as Chinese business investment flooded in and American financial interests were shoved out. So now their new favorite spots are Switzerland, New Zealand, Luxembourger, and Ireland. Incidentally, these institutes are filling up with White Nationalists and other ultra-orthodox Christian Conservatives who refuse to acknowledge any country with brown people in it might have civil or economic liberties. The current issue of their annual newsletter blames a great deal of this shift on pandemic response and subsequent economic relief during the downturn. But there's plenty of ink spilled denouncing any country that's breaking away from the MAGA mindset, particularly Canada, China, and Mexico.

As our relationships with the BRICS and the various Latin American, African, and Southeast Asian states have deteriorated, our ability to recognize them as free and liberal have decayed alongside them. And the criticisms internally ebb and flow with the state of domestic politics - Obama ushering in a low-watermark for American liberty, for instance.

load more comments (8 replies)
load more comments (8 replies)
[–] libra00@lemmy.world 132 points 1 week ago (6 children)

Is that.. is that a portrait of Reagan on the wall behind him? The man has no concept of irony..

[–] dogslayeggs@lemmy.world 94 points 1 week ago (5 children)

It feels so gross upvoting a picture and quote from Reagan.

[–] libra00@lemmy.world 1 points 5 days ago

I felt pretty gross posting it, so, ya know, fair enough.

load more comments (4 replies)
load more comments (5 replies)
[–] sik0fewl@lemmy.ca 131 points 1 week ago (10 children)

I'm starting to think that this guy might not understand how economies work.

load more comments (10 replies)
[–] Etterra@discuss.online 67 points 1 week ago (1 children)

Trump: worship me

Auto makers: you literally fucked us all over.

Trump: and I expect you to thank me for it.

load more comments (1 replies)
load more comments
view more: next ›