President Trump: All together, Kamala's 4.1 trillion dollar tax hike is projected to reduce GDP by two percent, raise the typical family's taxes by at least three thousand dollars a year, lower wages by 1.2 percent, and kill at least a million full-time jobs.
President Trump: To comply with Kamala's quotas, automakers are forced to jack up the costs of gas-powered vehicles, artificially, to push consumers toward the very expensive electric alternative. So they're gonna raise the prices on one, to subsidies the other. That's not a good thing. So Kamala gives rich people seven thousand, five hundred dollar tax breaks to buy luxury electric cars, a lot of people don't know that, yet she makes the working class pay more for a entry-level car that's powered by gasoline, which we have so much of. And I will reverse this also, this injustice, on Day One. Kamala's EV mandate is one of the most demented regulations that's been conceived. It will destroy US auto manufacturing immediately, it'll destroy our trucking-based supply chain, destroy our electric grid, destroy our military, destroy our roads and bridges with vehicles that are far to heavy; can't even use them. Destroy the state of Michigan, and it will totally destroy our middle-class. That's why I will not only repeal the federal mandate, I will also stop California from imposing any state-level mandate to ban gas-powered cars and trucks.
President Trump: Today I am also announcing that as part of our tax cuts, we will make interest on car loans fully deductible.
President Trump: As we protect gas-powered cars, we will unleash American energy, and bring prices way down fast.
President Trump: The autonomous vehicles; we're gonna stop from operating on American roads.
President Trump: We're gong to put America workers first, America's jobs first, American cans first, America factories first, and we're gonna put the American people first. That's the first time in a long time you've heard that. Form commerce, to labor, to FEMA, I will work for Americans, and only for Americans. I want to work for Americans. America First. It's a very simple policy. America First. When we do all of this, you will witness nothing less than the launch of a New American Industrial Revolution. Thousands of factories will open up all across our land. Great paying, blue-collar jobs will left up those who have suffered so terribly the past four years. Inflation will come down fast. American cars and products will be exported and admired all throughout the world again. Young people will move from the coasts, to big cities into the heartlands, to build their fortunes on the new frontier of the American mid-west.
Fantastic appearance at the Detroit Economic Club…two hours long!