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00:00The action is expected to save the typical consumer at least $1,000 off the price of
00:05a new car, and we think substantially more than that.
00:09Under the Trump administration, $70 billion are now being invested in the American auto
00:15industry.
00:16Ford has announced it will invest $5 billion, of course, as Kentucky and Michigan plants.
00:21Is that a correct statement?
00:22That's right.
00:23That's a lot, $5 billion.
00:24You could do more.
00:28We're creating at least 4,000 new jobs.
00:30Stellantis announced it will invest $13 billion to expand its U.S.-based manufacturing by more
00:36than 50 percent and open new manufacturing facilities across the country.
00:40And I think a big part of that is also the tariffs.
00:44Because of tariffs, they're coming in.
00:47Not only the automobile industry, AI.
00:49We're leading China in AI.
00:50We're leading everybody in AI.
00:52We're leading everybody in everything.
00:54We have the hottest country right now.
00:56I will tell you, a lot of political people behind me, great political people, very successful
01:01political people.
01:03We have the hottest country anywhere in the world.
01:06One year ago, we had a dead country.
01:09And now we have the hottest country anywhere in the world.
01:11And it started from November 5th.
01:13But it also started when we did the tariffs.
01:15And we've had tremendous support on the tariffs.
01:17It's bringing in trillions of dollars of wealth.
01:21It's bringing in national security.
01:24And I've stopped eight wars.
01:26And of the eight wars, five of them have been because of tariffs and trade.
01:30So they're very important.
01:31And General Motors plans to invest $4 billion as it brings its manufacturing back to the United
01:37States from Mexico.
01:39After falling by 5 percent under Biden, U.S. auto production has surged by 10 percent so
01:45far this year.
01:46You know, I won the autoworkers vote.
01:49But now even the head of the autoworkers said, Trump is the greatest president we've ever seen.
01:54And he happens to be right about that, but we're protecting our autoworkers and we're making
02:00it easier for every family to afford high-quality cars.
02:04In other words, we're bringing automobiles back and the manufacturing of automobiles back
02:09into this country.
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