President Donald Trump tours the Ford River Rouge Complex in Dearborn, Michigan, on January 13, 2026. Anna Moneymaker/Getty Images
DETROIT—President Donald Trump praised the use of tariffs to generate federal revenue and spur investment in domestic manufacturing in a speech at the Detroit Economic Club on January 13.
He cited the stock market’s record highs and more than $18 trillion in investments as evidence that the U.S. economy is thriving.
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