Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Vidhya Ck

Trump Woos Auto Industry With Proposed Car Loan Tax Breaks

Trump proposed a major tax break for U.S. citizens living abroad to eliminate double taxation. (Credit: Kevin Dietsch/Getty Images)

Republican presidential candidate Donald Trump on Thursday proposed making interest on car loans tax-deductible and implementing measures to block Chinese automakers from selling in the United States. This move aims to win over autoworkers as the election campaign enters its final weeks.

Speaking at the Economic Club in Detroit, home to the U.S. auto industry, Trump hit out at electric vehicles, the United Auto Workers union that represents auto workers, and even the city itself.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.