Iacocca, former president of Ford Motor Company, took over Chrysler when it was leaning towards bankruptcy. He asked Congress for a loan, arguing that if Chrysler filed for bankruptcy, the government ...

He said, ‘I can’t believe it.’ Somebody is finally, he’s an older guy, a real pro, really top guy with Lee Iacocca,” Trump said. At no point did Trump claim Iacocca had endorsed his tariffs.