U.S. President Donald Trump took to social media on the 7th to emphasize that Toyota's plan to move production of its Tacoma pickup truck from Mexico to the United States is the 'effect of tariffs.' Toyota Motor North America announced on the 6th that it will invest 3.6 billion dollars to expand its San Antonio plant in Texas and shift production from its plant in Baja California, northern Mexico. Trump praised the move as 'a big deal' and touted it as his own achievement.
Toyota Motor Corp.Toyota shifting Tacoma production from Mexico to US due to Trump's tariffs, which is framed as a positive effect of tariff policy.