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Trump Vows to End Electric Car Policies on His First Day in Office?

Jul 23, 2024

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Trump Vows to End Electric Car Policies on His First Day in Office?

Recently, former President of the United States, Donald Trump, delivered a speech at the Republican National Convention in Milwaukee. Trump stated that upon his election, the United States will significantly increase oil production to reduce energy costs.

Regarding the automotive industry, he said: "I will end the electric vehicle directive on my first day in office." He argued that this would save the American automotive industry, which is heading towards complete destruction, and save American consumers tens of thousands of dollars per car.

Trump stated that the core of his "Trump Economics" is tax cuts and increased tariffs. Trump promised to use taxes and tariffs to restore job opportunities in the American automotive industry. He said he would eliminate the consumption tax and reduce overall taxation in the United States. "Their (auto companies) way of selling products in the United States is to manufacture in the United States, very simple - manufacture in the United States, only in the United States," Trump said, "This very simple formula will create a large number of job opportunities, and we will take over the automotive industry again."

From some of Trump's previous statements, it seems that he mainly wants to win more votes from workers through the automotive industry. On March 16th local time, he also said that if he returns to the White House, he will impose a 100% tariff on cars produced by Chinese companies in Mexico. According to the video of the speech, Trump then said that he "welcomes" Chinese car companies to build factories in the United States, but the premise is that they must employ American workers.


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