President Donald Trump returned to Michigan on Tuesday to highlight what he called a strong economic comeback and a renewed American auto industry. Speaking in Dearborn, he said the past year marked a major shift in growth, wages, and investment across the country. He described Michigan as a key symbol of that turnaround, especially for manufacturing and working families.
The president said the nation experienced the fastest economic recovery in its history. He blamed the previous administration for high inflation and weak growth. He said his policies reversed those trends in less than a year. According to Trump, inflation is now low while growth remains strong. He told supporters that this change helped workers, retirees, and businesses alike.
Trump said real wages had dropped sharply in earlier years. He claimed they are now rising again. He told the crowd that workers have seen higher take-home pay in a short time. He also pointed to lower fuel prices in the Detroit area. Trump said drivers can now find gas for far less than in past years. He argued that lower energy costs help families manage daily expenses.
The president also focused on the stock market. He said markets reached record highs, helping retirement accounts and savings plans. Trump argued that strong markets reflect trust in the economy. He added that new trade policies played a major role. According to Trump, tariffs led to large investments and higher revenue. He said those steps helped reduce the trade gap and cut the federal budget deficit.
A major focus of the visit was the auto industry. Trump said he kept his promise to protect American carmakers. He pointed to a 25 percent tariff on foreign vehicles. He said this move pushed companies to invest in factories at home. Trump claimed more than $70 billion in new auto investment followed. He described this as a win for workers and local communities.
During his visit, Trump toured a major truck plant in Dearborn. Workers welcomed him with applause as production continued at a strong pace. Company leaders said recent policies helped expand operations. They spoke about adding new models and growing existing plants. They also said job growth and market share gains followed these changes.
Trump used the visit to outline new plans aimed at lowering costs for families. He said housing affordability is a top priority. He announced plans to limit large investors from buying single-family homes. Trump said this would help families compete in the housing market. He also said the government plans to buy mortgage bonds to help lower interest rates.
The president also addressed consumer debt. He called on credit card companies to cap interest rates for a limited time. Trump said current rates are too high and unfair to families. He argued that a temporary cap would give people breathing room as prices stabilize.
Healthcare costs were another key issue. Trump criticized the current healthcare system and said it drives prices higher. He said a new framework would be announced soon. According to Trump, the plan would lower premiums for millions of people. He said the goal is simple and affordable care.
Trump also spoke about fraud and public spending. He said fraud costs taxpayers huge amounts each year. He announced plans for a new legal unit focused on fighting fraud. Trump said this group would target anyone involved, including officials. He said strict action would help protect public funds.
The president also outlined new rules tied to public assistance. He said future payments would require proof of eligibility. Trump said funds must be used for their intended purpose. He also announced limits on payments to certain cities. He said these steps aim to reduce fraud and improve public safety.
Trump closed his visit by saying strong values and honest government drive lasting growth. He said his goal is to restore trust, energy, and opportunity. Standing in Michigan, he said the state reflects the broader revival he wants for the entire nation.
