Trump attributes the transfer of the Toyota plant from Mexico to the US to his tariff policy.
The multinational Toyota announced an investment of $3.6 billion dollars to expand its plant in San Antonio, Texas
The president of the United States, Donald Trump, celebrated this Tuesday Toyota's announcement that it will move its plant from Mexico to the United States, a decision he attributed to its tariff policy.
"Toyota is moving from Mexico to the United States (to Texas!). It is something of great importance. The tariffs are having an effect!", assessed the US president on his Truth Social network.
The multinational announced this past Monday an investment of $3.6 billion dollars to expand its plant in San Antonio, Texas, a project that will include the gradual transfer of part of the production of the Tacoma truck from Baja California.
Toyota explained that the transfer of Tacoma production from its Baja California plant will be carried out in stages over approximately four years and noted that the decision is part of its strategy to strengthen its manufacturing capacity in North America.
The company stressed that it maintains its commitment to its operations in the United States, Canada and Mexico, while reiterating its support for a prompt renewal of the Treaty between the three countries, the T-MEC, considering that the trade agreement is essential to preserve the competitiveness of the regional automotive industry.
Toyota North America President and CEO Ted Ogawa said the expansion reflects the company's confidence in American manufacturing and will help strengthen the supply chain, respond to consumer demand and generate economic opportunities in Texas.
The company expects the new production line to begin operations around 2030, when the facility will nearly double its current size. EFE

