U.S. President Donald Trump has stated that if companies investing in the United States attempt to exploit the country, tariffs could be raised by up to 50 percent.

In an interview with Fox News, President Trump remarked that the U.S. automotive industry has been encroached upon by countries like Japan, South Korea, and China, and that companies are returning to the U.S. to avoid paying high tariffs.

President Trump's remarks appear intended to emphasize his commitment to protecting American industries to voters ahead of the upcoming midterm elections next week.