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UAW Boss Hits Out At Donald Trump, Calls Him A “Job-Killer”

  • Shawn Fain has thrown his support behind Kamala Harris in next month’s federal election.
  • Trump has said he would consider repealing the $7,500 federal EV tax credit.
  • Trump’s running mate has refused to commit to retaining a $500 million investment to help GM convert a factory to EV production.

The president of the United Auto Workers union has labeled Donald Trump as a “job killer” and said that hundreds of thousands of automotive jobs are at risk if he returns to the Oval Office.

Shawn Fain first endorsed Joe Biden for November’s election, but when he dropped out of the race, threw his support behind Kamala Harris. While the Democrats have provided billions to support the EV industry, Trump has threatened to repeal electric vehicle investments. Recently, Trump’s running mate JD Vance refused to commit to retaining a $500 million investment to help GM convert a Cadillac plant into a site to build EVs.

Read: UAW Files Federal Charges Against Musk And Trump For Threatening Workers

According to Fain, canceling this investment could put 650 jobs in Lansing, Michigan, at risk.

“The job-killer in chief is once again back in Michigan to do what he does best: He’s going to lie about bringing our jobs back, and it’s nothing new,” Fain said. “We’ve seen this same song and dance from Trump over and over, but the reality is, Trump never brought back squat. It’s a lot bigger than just the Lansing Grand River investment. It’s factories all over the United States, and it’s supply chain factories all over the United States that are being put in place now. So you’re talking hundreds of thousands of jobs that Donald Trump is just writing off.”

The Trump administration has denied Fain’s allegations and claimed that nearly six out of every 10 members of The International Brotherhood of Teamsters union supports the former president’s candidacy for a second term, The Washington Times reports. Fain says internal polls within the UAW show 65% of union members have consistently voted for Democratic candidates.

Trump has said he would consider repealing the $7,500 tax credit for electric vehicles if he was elected President. He may also reverse Treasury Department rules that have made it easier for car manufacturers to take advantage of this credit, Reuters reports.

 UAW Boss Hits Out At Donald Trump, Calls Him A “Job-Killer”

Stellantis strikes

Fain’s comments came shortly before the UAW announced that “members, lawmakers and allies” are rallying in Washington on Thursday afternoon. The union fears that Stellantis is backing out of a commitment to reopen its idled assembly plant in Belvidere, Illinois.

Stellantis made a promise to invest in America and we’re making sure they keep the promise,” Fain said in a statement. “The commitments we won in our contract aren’t goals, they’re guarantees. The company claims they don’t have the money to make these investments. But since the year began, they’ve dumped more than $3 billion into stock buybacks. They have the money to Keep The Promise.”

 UAW Boss Hits Out At Donald Trump, Calls Him A “Job-Killer”

Trump labels Detroit a ‘mess,’ pledges to make car loan interest fully deductible

11 October 2024 at 09:43
Trump

The Republican presidential nominee, former U.S. President Donald Trump, speaks at the Detroit Economic Club on October 10, 2024 in Detroit, Michigan. Trump is campaigning in Michigan, a key battleground state, ahead of the upcoming presidential election. (Photo by Bill Pugliano/Getty Images)

WASHINGTON — Former President Donald Trump promised to “save the American auto industry” Thursday during a meandering speech to the Detroit Economic Club, during which he insulted his host city as a “mess” and announced a new plan to make car loan interest payments fully deductible.

Trump unveiled the new plank of his tax plan near the close of his remarks that included berating the United States as “dumb” on trade and pledging, if elected, to “have a lot of fun” renegotiating a trade agreement with Canada and Mexico.

The former president spoke for nearly two hours to the economic club in Michigan, a key swing state.

Trump is already running on a platform to impose across-the-board tariffs, up to 20%, on all imported goods, and at 60% on goods from China. On Thursday he said cars imported from Mexico could see tariffs as high as 200% if he wins in November.

He told the crowd that his newest plan to make interest on car loans fully deductible is “going to revolutionize your industry.”

“This will stimulate massive domestic auto production and make car ownership dramatically more affordable for millions and millions of working American families. This is a phenomenal thing, if I do say so myself,” Trump said.

However, it’s unclear whether the deduction would only be available to taxpayers who itemize, or also to those who take the standard deduction. For example, some deductions, like student loan interest, can be a special exception.

Another question would be the price tag of Trump’s proposal: Americans owe about $1.6 trillion in car loans, according to the quarterly consumer report issued in February by the Federal Reserve of New York.

R&D tax credits

The former president also promised — to applause from the crowd — that U.S.-based carmakers “will be rewarded with expanded research and development tax credits, very substantial, where they will be able to write off 100% of their cost of heavy machinery and other equipment necessary to build a plant in the first year, and full expensing for manufacturing investments.”

The Trump campaign did not respond to emails asking whether the proposals were new, or would be an extension of expiring policies enacted under Trump’s signature 2017 tax law, titled the Tax Cuts and Jobs Act.

Erica York, senior economist and research director for the Tax Foundation, wrote on X that “R&D tax credits are an entirely separate policy from deductions for R&D expenses or capital expenditures.”

“(B)ut if I had to guess, Trump is probably talking about bringing back immediate R&D expenses and restoring 100 percent bonus depreciation,” wrote York, who’s been closely following the tax debate during the 2024 presidential election.

Except for wanting to change the corporate tax rate — lowering it to 15% — Trump is campaigning on fully renewing the TCJA, which cleared Congress strictly along party lines. The law sunsets at the end of 2025.

‘Take a look at Detroit’

Trump also used his speech to attack trading partners and competitors, at one point describing the European Union as “brutal” and recalling an alleged conversation with former German Chancellor Angela Merkel.

“‘Angela, how many Chevrolets do we have in the middle of Berlin?’ ‘Oh, I do not know. Perhaps, perhaps none.’ ‘You’re right. Angela,’” Trump said he recalled.

“And yet, they send their cars to us. Like a bunch of dummies we are — BMW, Mercedes, Volkswagen, by the millions and millions and millions. We’re not doing that crap anymore,” Trump said. “Now they’re gonna have to play by our rules.”

It is a fact that American cars are on the streets of Europe.

But China was the “biggest abuser” of trade while he was president, he said.

“They were a professional abuser. They did things to us, and they go down as a ‘developing nation,’” he said, as if talking in another’s voice. “‘We are a developing nation.’ But we’re (the U.S. is) a developing nation too — just take a look at Detroit.”

His campaign did not answer an email asking for clarification about the remark.

Harris campaign responds to Detroit visit

Ahead of Trump’s Detroit appearance, Vice President Kamala Harris’ campaign organized a press call featuring Shawn Fain, president of the United Auto Workers.

Fain told reporters Trump “has done nothing” to help autoworkers.

“The job-killer-in-chief is once again back in Michigan to do what he does best. He’s going to lie about bringing our jobs back,” Fain said.

The union leader endorsed President Joe Biden in January, and promptly endorsed Harris in July when Biden exited the race.

Biden became the first sitting U.S. president to walk a picket line when he joined striking UAW members in September 2023.

Harris was in Las Vegas, Nevada, Thursday to record a live town hall for Spanish-language network Univision. The question-and-answer session for undecided Hispanic voters was organized by the network’s news division and moderated by TelevisaUnivision’s Enrique Acevedo.

Harris was scheduled to speak at a campaign event Thursday night in Phoenix, Arizona.

‘There will be no rematch!’ 

Once again, the question of another presidential debate has come, and apparently gone.

Fox News on Wednesday issued a final offer to host a live 90-minute presidential debate in Pennsylvania on either Oct. 24 or 27, with moderators Bret Baier and Martha MacCallum.

“THERE WILL BE NO REMATCH!” Trump posted Wednesday evening on his online platform Truth Social.

On Thursday, CNN offered to host live town halls with each candidate.

Ahead on the campaign trail, Minnesota Gov. Tim Walz will campaign in Wisconsin on Monday, hitting both Eau Claire and Green Bay.

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