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Home / Business / Toyota apologizes to Trump for sending notice that the automaker was not welcomed in U.S.

Toyota apologizes to Trump for sending notice that the automaker was not welcomed in U.S.



Toyota Motor Corp. Coated US President Donald Trump's statement that imported cars threaten national security, and signaling disputed talks are ahead of the White House and America's most important trading partners.

In an unusually strong Japanese largest automaker, Trump's proclamation on Friday said the United States must defend itself against foreign cars and components "sending a message to Toyota that our investments are not being welcomed." The company said it has spent more than $ 60 billion on land-based construction operations, including 10 factories.

Earlier Friday, Trump agreed with the conclusions of his trading department, which investigated the import of vehicles and auto parts and found that they damaged national security by leading to a decline in the market share of "US-owned" automakers since the 1

980s. . The White House set a 180-day deadline for negotiations on agreements with Japan, the EU and other major auto-exporters.

Toyota said there is still hope that these talks can be resolved quickly, but warned that consumer imports would force US consumers to pay more and be counterproductive for jobs and finances. The company's criticism comes two months after the promise to add $ 3 billion to a year-long US investment plan.

Representatives of other automakers were more diplomatic, but also noted concerns about the Trump administration's saber rattling. The Alliance of Automobile Manufacturers, a trading group representing a dozen of the largest domestic and foreign automakers operating in the United States, warns Friday that higher fares prices could put 700,000 US jobs at risk.

"We are very concerned that the administration continues to consider imposing auto tariffs," the car bar said in a statement. "By increasing car prices across the board and driving car and maintenance costs, tariffs are basically a huge tax on consumers."

The repair from Toyota marks a break from many years of trying to work its way into Trump's great gifts.

Days after criticizing the president elected in January 2017 to plan to build Corolla cars in Mexico, Toyota announced a $ 10 billion investment plan. In August of that year, the company said it would join Mazda Motor Corp. in building a $ 1.6 billion factory in Alabama.

But all these efforts have done little to curb repeated threats by the White House to impose tariffs of as much as 25 percent on imported cars and auto parts.

"Our operations and employees contribute significantly to the American lifestyle, the US economy and are not a national security threat," the company said.


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