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Toyota rebukes Trump for sending message that carmaker 'not welcomed' in US

The company said it has spent more than $60 billion building operations in the country, including 10 manufacturing plants

Toyota
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Bloomberg
Toyota Motor Corp. rebuked President Donald Trump’s declaration that imported cars threaten US national security, signaling contentious talks are ahead for the White House and America’s key trading partners.

In an unusually strong-worded statement, Japan’s largest automaker said Trump’s proclamation Friday that the US needs to defend itself against foreign cars and components “sends a message to Toyota that our investments are not welcomed.” The company said it has spent more than $60 billion building operations in the country, including 10 manufacturing plants.

Trump earlier Friday agreed with the conclusions of his Commerce Department, which investigated imports of vehicles and auto parts