"President Donald Trump proclaimed on Tuesday that Toyota has pledged to invest $10 billion in the U.S., but the Japanese automaker is pumping the brakes. Trump said at least twice on Tuesday that the automaker would be investing $10 billion to open new factories in several states after he met with Mr. Toyota in Japan. Yesterday I was with Mr. Toyota in Japan, and he just announced he is going to spend they are going to spend $10 billion and they are going to build new car plants and they are going to build them in numerous states, about six or seven different states, Trump said during a speech in South Korea."
"But on Wednesday, Toyota said it never promised Trump anything of the sort, according to Reuters. Hiroyuki Ueda, a Toyota executive, said no pledges were made about an investment of that caliber, but added that the automaker would continue to invest and create jobs in America. Watch above via Fox Business."
A claim emerged that Toyota pledged a $10 billion investment in the United States to build new factories across multiple states. The claim included specifics that new car plants would be built in about six or seven states. Toyota responded that no pledges of that caliber were made and that no promises of that size occurred. A Toyota executive affirmed that the automaker will continue to invest and create jobs in America while declining to confirm the $10 billion figure. The exchange created a clear discrepancy between the announced figure and Toyota's official statement.
Read at www.mediaite.com
Unable to calculate read time
Collection
[
|
...
]