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Trump calls for a renegotiation of the USMCA trade agreement in his speech in Detroit
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Trump calls for a renegotiation of the USMCA trade agreement in his speech in Detroit

Detroit — Republican presidential candidate Donald Trump is unveiling a series of plans in Detroit on Thursday that he hopes will boost the country’s auto industry, including revising a 2020 trade deal with Mexico and Canada to add tariffs on Chinese-made vehicles to raise companies.

“They will not loot, rape and steal our auto industry. “These jobs are coming back to Michigan, and that’s non-negotiable,” Trump will tell members of the Detroit Economic Club, according to his prepared remarks.

As president in 2020, Trump announced he would replace the North American Free Trade Agreement with the United States-Mexico-Canada Agreement. Now Trump says he will formally notify Mexico and Canada of his intention to invoke the deal’s six-year renegotiation clause to address concerns that China is making cars in Mexico to sell to the United States

Trump will also unveil a plan Thursday to expand research and development tax credits for U.S.-based automakers and manufacturers and make interest on auto loans fully tax deductible.

“For the first time ever, the total cost of owning a car is now over $1,000 a month – more than 20% of the average worker’s wages just to own an average car,” Trump will say, according to his prepared remarks. “This is a catastrophe for the American dream – and a dire crisis for American automakers.”

About 1,000 people are expected to attend the Detroit Economic Club’s meeting with Trump at the MotorCity Casino Hotel on Thursday.

Businessman John Rakolta Jr., chairman of Detroit-based construction company Walbridge, is expected to ask Trump questions on stage during the event. Rakolta, a longtime major Republican donor, was Trump’s ambassador to the United Arab Emirates.

Trump’s visit to Michigan – his 12th this year – comes 26 days before the Nov. 5 election, and Democrats, including Vice President Kamala Harris, are increasingly criticizing his record on manufacturing jobs and his plans for the auto industry.

Democrats have alleged that Trump’s opposition to government programs to promote electric vehicles would jeopardize a $500 million federal grant that Democratic President Joe Biden’s administration was seeking to convert a General Motors assembly plant in Lansing to electric vehicle production has granted.

When asked about the grant on Tuesday, Trump’s running mate, Ohio Sen. JD Vance, said Republicans wanted to “invest as much as possible in Michigan’s auto workers,” but he did not directly answer whether a Trump administration would increase the award would recognize.

“I think Michigan auto workers deserve more than the leftovers from Kamala Harris’ green new scam,” Vance said.

More: JD Vance slams $500M grant for Michigan electric vehicle project as ‘table scraps’

In a virtual news conference Thursday morning, Shawn Fain, president of the United Auto Workers, criticized Vance for using the term “table scraps” and said Trump would leave the future of the auto industry to China.

“When someone running for president of the United States basically says, ‘I give up. “I won’t even try because we can’t compete with anyone else,” then that’s someone who doesn’t believe in the country. “I don’t believe in the capabilities of the working class in this country,” Fain said. “We developed everything in this country. We were the first people to send a man to the moon…The sky is the limit for this country.”

More: ‘What the hell’: As Michigan sheriffs head into the presidential race, controversy ensues

During a Sept. 17 town hall event in Flint, Trump said the United States has gasoline while China has the materials needed for electric vehicles.

“Why are we making a product that they dominate?” Trump said. “They will dominate.”

“There will be no more auto industry, not even a little auto industry,” Trump added.

According to preliminary figures, there were 165,800 automotive and parts manufacturing jobs in Michigan in August.

Harris visited Michigan last week for a rally in Flint, where she accused Trump of jeopardizing auto industry jobs. Her running mate, Minnesota Gov. Tim Walz, will be in Macomb County on Friday.

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