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TRUMP's Shocking AUTO INDUSTRY PLANS Revealed!
resident Donald Trump announced his proposal to make car loan interest fully tax-deductible, aiming to boost domestic auto production and make car ownership more affordable for working Americans. Trump also laid out plans to impose tariffs to block Chinese automakers from exporting cars to the U.S. and strengthen the auto industry.
Key Details:
* Trump, speaking in Detroit, unveiled his plan to allow interest on car loans to be fully tax-deductible. "We will make interest on car loans fully deductible," Trump said, emphasizing how the move will transform the auto industry and make car ownership "dramatically more affordable for millions of working American families."
* Trump’s announcement comes with promises of new tariffs on Chinese automakers building cars in Mexico for U.S. export. He stated his intent to notify Mexico and Canada about renegotiating trade deals to address concerns over Chinese vehicle imports.
* The proposal, part of his broader tax-cut agenda, comes as Trump and Vice President Kamala Harris remain in a tight race ahead of the November election. Trump hopes this move will resonate with Michigan voters, a critical battleground state.
Lauren Fix discusses the impact on NTD TV. There are some facts no one is discussing, watch and see the facts.
Thanks for watching!
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