Trump Excludes Asian, European Cars From Vehicle Tax-Break Plan
- Former president invokes ‘glory days’ of US manufacturing
- GOP nominee pairs domestic tax incentives with import tariffs
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Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the US as he rallied voters in a crucial swing state with just two weeks until Election Day.
“I don’t want it to benefit other countries. I want it to benefit us,” Trump said Tuesday at a rally in Greensboro, North Carolina. “Deductibility of interest is great, but only if the car is manufactured in the United States.”