Trump pushes for auto loan interest deductions for U.S.-made models

President Donald Trump speaks to the press March 26, 2025, in the Oval Office of the White House before signing an executive order for 25 percent tariffs on all foreign-made vehicles. — President Donald Trump speaks to the press from the White House on March 26 before signing an executive order for 25 percent tariffs on all foreign-made vehicles. (GETTY IMAGES)

March 28, 2025 10:00 AM

President Donald Trump said U.S. House Speaker Mike Johnson, R-La., is working on providing consumers with a tax deduction for interest paid on auto loans for vehicles made in the U.S.

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