Toyota has been warned! “Build plant in U.S. or pay big border tax.”.
After the announcement of Toyota company about it’s plans for building a factory in Mexico , our President-elect has issued a warning to them. Either build a plant in the U.S or pay big border taxes.
Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.
— Donald J. Trump (@realDonaldTrump) January 5, 2017
Just minutes after Trump’s response to Toyota’s plans the shares dropped in the afternoon trade market.
Trump issued the same ultimatum to General Motors.
Ford agreed to Trump’s policy and decided to cancel the plans to build a Mexican plant. Instead GM is going to invest $700 million in Michigan and open 700 U.S jobs.
MAKING AMERICA GREAT AGAIN!!!