Days after drawing criticism from the then-president elect in January 2017 for planning to build Corolla cars in Mexico, Toyota announced a $10 billion, five-year investment plan. In August of that year, the company said it would join with Mazda Motor Corp. in building a $1.6 billion factory in Alabama.
But all those efforts have done little to curb repeated threats by the White House to impose tariffs of as much as 25% on imported vehicles and auto parts.
“Our operations and employees contribute significantly to the American way of life, the U.S. economy and are not a national security threat,” the company said.