US President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, saying he "couldn't care less" if they do.
The White House has been preparing to impose new tariffs on a range of consumer goods on April 2, a move that has drawn criticism from international leaders and concerns about potential price increases for consumers.
In the NBC News interview, Trump said his permanent tariffs on foreign-made automobiles would be a boost to US-domiciled factories and was confident the move would lead to increased sales of American-made cars. "I hope they raise their prices, because if they do, people are gonna buy American-made cars," Trump said.
Trump maintained that he would only consider negotiating on the tariffs "if people are willing to give us something of great value."
The tariffs are part of Trump's efforts to promote American manufacturing and reduce the country's trade deficit.
Trump's trade policies have been a key focus of his presidency, with ongoing tensions with major trading partners.
DEWA registered a 4.51 per cent annual increase in electrical connection requests for commercial projects through its Al Namoos service in 2024, according to MD and CEO of DEWA, Saeed Mohammed Al Tayer.
Chinese artificial intelligence startup Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China's increasingly competitive AI market.
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly known as Twitter.
Major automakers can deal with US President Donald Trump's tariffs on US auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models or limits on features for consumers, industry experts said.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today offered his condolences to His Highness Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Quwain, on the death of his mother, Sheikha Hessa bint Humaid bin Abdul Rahman Al Shamsi.
The UAE’s National Ambulance Service handled 22,903 cases across the country in the first quarter of this year, according to the National Guard Command.
H.H. Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Qaiwain, received condolences on the passing of his mother, the late Sheikha Hessa bint Hamid bin Abdulrahman Al Shamsi, at the condolence majlis held at the Emiri Court.