@deanbaker13.bsky.social Tariffs stimulate domestic industry by making the industry MORE profitable (by increasing prices), drawing in investment, & expanding industry. But Trump wants STOP auto price increase, short circuiting what leads to increased dom investment. www.wsj.com/business/aut...
wsj.com
Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs
The threat came in a call earlier this month, leaving CEOs worried they would face punishment if prices go up.