Former President Trump on Thursday spoke at the Detroit Economic Club, where he announced a new plan to supercharge America’s auto industry and warned he could slap up to 1,000% tariffs on foreign-imported vehicles if he's elected to a second term in office. The plan, dubbed the "Build It in America Plan," consists of a corporate tax rate of 15% for companies that choose to make their products in the U.S.
"He happens to be the father of Tiffany’s husband, Michael, who’s a very exceptional young guy. And she’s an exceptional young woman. And she’s going to have a baby. So that’s nice," said Trump.Reuters contributed to this report. LINK: Get updates on this story and more at foxbusiness.com.