By the time I came into office after our victory in 2016, the Michigan auto industry was on its knees—I moved quickly and decisively to rescue the American Automobile from extinction…✅Withdrew from the job-killing Trans-Pacific Partnership.✅Ended the disaster known as NAFTA, the worst trade deal ever made.✅Replaced it with the brand-new USMCA, the best trade deal ever made.✅Created massive incentives to make cars in the United States…https://www.DonaldJTrump.com
Video transcript
By the time I came into office, after our victory in 2016, the Michigan auto industry was on its knees begging for help, gasping. And really it was at the last breaths of life. And I had to move quickly. You're going to not have any auto industry here. You were, it was going, it was all gone. It was just about over, they were going to move so fast and I let countries that were stealing our businesses know you do that. I'm going to do things to you. You're not going to believe, I'm going to put tariffs. They laid off a lot. They could have taken it. We were at a very vulnerable point. I let certain countries know that if you do that, I'm going to put tariffs on you and you're going to, you're going to get your asses kicked, I'm telling you. And they laid off, they really laid off, but they laid off what? We had not very much left. So just as I promised, I withdrew from the job killing Trans Pacific partnership in my very first week and the reason I did is that that would have absolutely destroyed your auto industry. You would have had none left. It would have been, it was a disaster. And if you remember, Hillary Clinton wanted it and Obama wanted it. And then after she read the facts, when I did it, she came out against it because she said, you know, he's right. She was totally in favor of it. But when she said she came out actually and agreed with me and she said, uh, I'm also against it, but I was there sort of like no tax on tips. And then two months later, Kamala came out, no tax on tips. And it didn't, it didn't play well for her. It didn't play well for Hillary either, obviously. I ended the disaster known as NAFTA, the worst trade deal ever made by our country and replaced it with the brand new USMCA, Bob Lighthizer and his team did a great job, the best trade deal they say ever made. I actually think maybe our deal with China, but I don't talk about that deal very much because of COVID, but we have a deal with China where they buy $50 billion worth of our product. That was a great deal. We had made a lot of good ones, but with the USMCA that's Mexico and Canada, we have massive incentives to make cars in the United States of America.
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