Yep, Americans rich, middle or poor are paying for Trump's tariffs

[theking]

Lamborghini CEO warns tariffs have even forced its wealthiest consumers—who have an average of 5 cars in their garage—to waver on buying a new ride

President Donald Trump’s tariff instability is putting the economy on hold, and even Lamborghini’s deep-pocketed customers aren’t immune.

CEO Stephan Winkelmann said some of its U.S. customers, who have at least $400,000 to shell out for a base model, are waiting to see where the Trump administration’s tariff rate for the EU ultimately settles. Its customers are waiting, even though the U.S. reached a deal to impose a 15% tariff on some EU products, including cars, in exchange for several pledges by the EU. This includes buying more AI chips and military equipment from the U.S.

“Some are waiting because they want to be sure that this is the final number that is going to be in place,” Winkelmann told CNBC. “Others are fine with it, or we will have negotiations.”