U.S. President Donald J. Trump delivers remarks on Trump Accounts at a Rose Garden Club luncheon at the White House in Washington, DC, July 6. UPI-Yonhap
WASHINGTON — U.S. President Donald Trump reiterated Monday that his tariff policy has driven Korean, Japanese and German automakers to build their factories in the United States, as his administration has been using duties to restore American manufacturing.
Trump made the remarks during a White House event celebrating the launch of "Trump Accounts," new investment accounts for children.
"We've never built as many automobile plants. They are all over, and they are coming from all over the world. You know why? Because they don't want to pay tariffs. If they build their cars here, they pay no tariffs," he said.
"So Japan, instead of making them in Japan ... or Korea ... instead of making them in Germany ... They are all building plants here now."
