Trump calls for 100% tariffs on cars made in Mexico as part of US manufacturing plan

Donald Trump has pledged to stop U.S. businesses from shipping jobs overseas and to take other countries’ jobs and factories by relying heavily on sweeping tariffs. That's despite economists' persistent warnings that doing so could also dramatically raise prices for domestic consumers. The former president laid out a broad array of economic proposals during a speech in the key swing state of Georgia on Tuesday, promising to create a special ambassador to help lure foreign manufacturers to the U.S. and further entice them by offering access to federal land. He placed a special emphasis on auto manufacturing, saying, “I want German car companies to become American car companies."