Business Insider
US · 35 mins ago
Trump takes credit for Toyota moving some truck production from Mexico to Texas: 'That's what tariffs do'
President Donald Trump praised tariffs as Toyota announced a multibillion-dollar investment in a Texas assembly plant.
Chip Somodevilla/Getty Images
Toyota announced a $3.6 billion expansion at its Texas truck assembly plant.
Trump said the investment came because of his policies: "That's what tariffs do."
The investment comes as the US, Mexico, and Canada enter negotiations on potential changes to USMCA.
Toyota is planning a $3.6 billion expansion of its Texas truck assembly plant. President
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