Tags: CORRECTED-Trump Toyota Faces Big Tax If it Builds Corolla Cars for U.S. in Mexico

CORRECTED-Trump: Toyota Faces Big Tax If it Builds Corolla Cars for U.S. in Mexico

Thursday, 05 Jan 2017 01:46 PM

(Corrects official company name in first paragraph)

WASHINGTON, Jan 5 (Reuters) - U.S. President-elect Donald Trump on Thursday targeted Toyota Motor Corp, threatening to impose a hefty fee on the Japanese automaker it if builds its Corolla cars for the U.S. market at a plant in Mexico.

"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 said in a post on Twitter.

Toyota, which announced its plan to build the Mexican facility in April 2015, had no immediate comment. (Reporting by Susan Heavey and David Shephardson; Editing by Chizu Nomiyama)

© 2017 Thomson/Reuters. All rights reserved.

   
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(Corrects official company name in first paragraph)WASHINGTON, Jan 5 (Reuters) - U.S. President-elect Donald Trump on Thursday targeted Toyota Motor Corp, threatening to impose a hefty fee on the Japanese automaker it if builds its Corolla cars for the U.S. market at a...
CORRECTED-Trump Toyota Faces Big Tax If it Builds Corolla Cars for U.S. in Mexico
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2017-46-05
Thursday, 05 Jan 2017 01:46 PM
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