Trump Says Small Cars Can Bring Down Big Prices. Here’s Why that’s Unlikely

Trump says small cars can bring down big prices. Here’s why that’s unlikely

President Donald Trump has a tiny solution to a big problem: have US factories manufacture very small cars, like the ones found in Asia and Europe, to drive down giant price tags.

Trump administration to Detroit: build tiny cars, 1970s station wagons

Getty ImagesNow that his boss has proposed rolling back stringent, Biden-era fuel economy targets, Secretary of Transportation Sean Duffy says Detroit automakers should reintroduce cars they built half a century ago. “This rule will actually allow you to bring back the 1970s station wagon—maybe a little wood paneling on the side,” Duffy said in a CNBC interview. “We can bring back choice to consumers, so yeah, the minivan is awesome, but maybe t…