DETROIT/WASHINGTON, Oct 10 (Reuters) – Republican presidential candidate Donald Trump on Thursday will propose making all interest on car loans fully tax-deductible and taking steps to prevent Chinese automakers from selling vehicles in the United States, according to excerpts of a speech seen by Reuters ahead of remarks in Detroit.
Trump will say at the Detroit Economic Club he plans to impose new tariffs to prevent Chinese automakers from building cars in Mexico and exporting them to the United States, part of an effort to appeal to autoworkers in the battleground state of Michigan.
Trump also will say he will formally notify Mexico and Canada of his intent to renegotiate a North American free trade deal to address concerns about Chinese vehicles, according to the prepared remarks. Vice President Kamala Harris has also said she plans to invoke the renegotiation provision if elected.
The reaction to this should be fun. h/t Mauser
