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Trump threatens Toyota over new plant in Mexico

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follow the latest news about business from different sites most famous technicals /Yuri Kageyama Ap Business Writer by 2017-01-06 at 2:45

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Toyota stock dip after Trump tweet on planned Mexico plant

Toyota stock dip after Trump tweet on planned Mexico plant*/

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Japan defends Toyota after Trump broadside over Mexican plant

Japan defends Toyota after Trump broadside over Mexican plant*/

– A Toyota logo is seen on media day at the Mondial de l’Automobile, the Paris auto show, in Paris, France, September 29, 2016.REUTERS/Jacky Naegelen/File PhotoTOKYO The Japanese government defended Toyota Motor Corp (7203.T) on Friday as an “important corporate citizen” of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.Trump has repeatedly hit out at U.S. companies for using lower-cost factories abroad at the expense of jobs at home.
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Japan defends Toyota after Trump broadside over Mexican plant

Japan defends Toyota after Trump broadside over Mexican plant*/

– A Toyota logo is seen on media day at the Mondial de l’Automobile, the Paris auto show, in Paris, France, September 29, 2016.REUTERS/Jacky Naegelen/File PhotoBy Thomas WilsonTOKYO (Reuters) – The Japanese government defended Toyota Motor Corp <7203.T> on Friday as an “important corporate citizen” of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.Trump has repeatedly hit out at U.S. companies for using lower-cost factories abroad at the expense of jobs at home.
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Trump threatens Toyota over new plant in Mexico

Trump threatens Toyota over new plant in Mexico*/

– President-elect Donald Trump directed his ire at another automaker Thursday, threatening Toyota with a border tax for planning to build a factory in Mexico.“Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S.,” Trump tweeted.Build plant in U.S. or pay big border tax.”People look at a car on display at Toyota’s Tokyo headquarters.
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