Former President Donald Trump has proposed making the interest on car loans tax-deductible for vehicles manufactured in the United States. This move is seen as an attempt to bolster the American auto industry and attract voters. What Happened: Trump made this announcement on Tuesday during a rally in North Carolina. He stated that if elected, he would make the interest on car loans fully tax-deductible for vehicles produced in the U.S., reported Reuters. “I will make interest on car loans fully tax-deductible,” Trump said. “I am only going to do it if they build that particular product – namel…