Trump Unveils 'Build It In America' Plan To Revamp Auto Industry With Tariffs On Foreign Vehicles

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Politics أخبار

Trump,Auto Industry,Tariffs

Former President Donald Trump outlined a new economic plan during a speech at the Detroit Economic Club, aiming to revitalize America's auto industry. The 'Build It in America Plan' includes tax incentives for US-based manufacturing and the threat of hefty tariffs on imported vehicles if he returns to office.

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.

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