In the exclusive interview, Trump asserted that implementing a 200 percent tariff on cars would effectively prevent foreign car manufacturers from entering the U.S. market, asserting that, 'If I get elected, I will put a 200 percent tariff on every car and you will never sell them into the United States.' He emphasized the potential devastation this could cause to American manufacturing: 'if they ever build those plants Detroit is finished. South Carolina is finished.'
Bartiromo questioned the feasibility of Trump's ambitious tax proposals, citing a report from the Committee for a Responsible Federal Budget predicting a $7.5 trillion debt increase. Trump responded dismissively, stating, 'But they don't know,' positioning his approach as uniquely beneficial despite the criticism from economic experts.
Trump expressed frustration over the current push for electric vehicles, claiming that 'Electric is great, it's wonderful for some people, but not for everybody.' He argued for a balanced approach within the auto industry: 'You sell gas-propelled cars, you sell hybrids, and you sell electric,' highlighting the need for diverse options to cater to varying consumer preferences.
During the interview, Trump highlighted the impact of his tariff discussions on foreign investment, claiming that his stance against Mexican car factories has deterred construction: 'As soon as I started talking about what I'm going to do, they stopped building all of the plants in Mexico.' This reflects his belief in tariffs as a tool for protecting American jobs.
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