“I want German car companies to become American car companies. I want them to build their plants here," Trump declared during a speech in Savannah, Georgia.
Trump added that, if elected, he’d put a 100% tariff on every car coming into the U.S. from Mexico and that the only way to avoid those charges would be for an automaker to build the cars in the U.S.
The former president laid out a broad array of economic proposals during a speech in the key swing state of Georgia, promising to create a special ambassador to help lure foreign manufacturers to the U.S. and further entice them by offering access to federal land.
Additionally, he called for lowering the U.S. corporate tax rate from 21% to 15%, but only for companies that produce in the U.S. His opponent, Vice President Harris, wants to raise the corporate tax rate to 28%. It had been 35% when Trump became president in 2017, and he later signed legislation lowering it.
“We’re putting America first,” Trump said. “This new American industrialism will create millions and millions of jobs.”
And Trump suggested wiping away some environmental regulations to boost energy production, saying America has “got the oil, it’s got the gas. We have everything. The only thing we don’t have is smart people leading our country.”
