Donald Trump has unveiled a plan to offer tax breaks exclusively to cars made in the United States, with the aim of boosting domestic auto sales.
During a rally in Greensboro, North Carolina, Trump emphasized that the tax breaks would not apply to foreign-made vehicles, stating that he wants the benefits to stay within the country.
This initiative is part of his broader strategy to address concerns about domestic manufacturing jobs. The proposed plan allows car buyers to deduct loan interest on their federal taxes, which Trump believes will significantly increase sales for U.S. automakers.
He criticized the idea of providing tax benefits to vehicles produced in countries like China and Japan, arguing that it has negatively impacted American businesses.
Trump's focus on revitalizing the U.S. auto industry is part of his efforts to reassure voters in key battleground states ahead of the upcoming election.