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Toyota pledges $10B toward new auto plants in US: ‘Go out and buy a Toyota,' Trump says
New York Post· 2025-10-28 11:49
Investment Announcement - Toyota has committed to invest $10 billion in new manufacturing plants in the United States, as announced by President Trump during a speech in Tokyo Bay [1][2][7] - The investment is part of a broader strategy to enhance American manufacturing and create jobs [2] Political Context - The announcement was made during Trump's three-nation regional tour, emphasizing trade and economic deals as a top priority [2] - Japanese Prime Minister Sanae Takaichi confirmed the investment during a meeting with Trump earlier that day [2][7] Economic Implications - The investment by Toyota is expected to bolster the U.S. automotive industry and potentially increase the company's market share in the American market [1][2] - Trump encouraged Americans to purchase Toyotas, linking the investment to consumer support for the brand [5][6]