Trump says he ‘couldn’t care less’ if some automakers raise prices due to tariffs [MSNBC.com]
Ford Motor Company (F)
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Source: MSNBC.com
TheWall Street Journal reportedThe report, which has not been independently verified by MSNBC or NBC News, added that the Republican told the executives “that the White House would look unfavorably on such a move, leaving some of them rattled and worried they would face punishment if they increased prices, people with knowledge of the call said.”Of course, this was more than just the latest example of heavy-handed White House tactics toward ostensible private-sector allies. There was also an unstated subtext to the president’s message to the domestic automakers: Trump seemed to realize that his policy on tariffs would push the manufacturers to raise prices. He apparently hoped to convince them otherwise.Two days after the Journal’s report reached the public, the presidentspoke to NBC NewsThe president said he “couldn’t care less” if automakers raised prices after he announced he would impose 25% tariffs on all foreign-made automobiles. When pressed if he told CEOs not to raise prices,
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