Trump Threatens Toyota With Taxes Over Plans For New Factory

“The attack overnight on Toyota is his first against a foreign automaker. ‘Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax,’ Trump tweeted.  Toyota shares fell more than 3 percent before recovering, and Honda Motor Co and Nissan Motor Co slid around 2 percent – even as the government and analysts sought to brush off the impact of the attack.”

Read more: http://fortune.com/2017/01/06/japan-toyota-trump/

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