Trump warned US automakers not to raise prices due to tariffs ...Middle East

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The Wall Street Journal (gate) is reporting that Trump has warned US automakers not to raise prices:

Trump 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. Instead, Trump said, they should be grateful for his elimination of what he called President Joe Biden’s electric-vehicle mandate, which involved subsidies and emissions requirements to encourage electric-car production.

Link the Journal article is here if you can access it.

This article was written by Eamonn Sheridan at www.forexlive.com.

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