Toyota denies promising to invest $10bn in US after Trump announcement

The GuardianWednesday, October 29, 2025 at 2:16:21 PM
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Toyota denies promising to invest $10bn in US after Trump announcement
Toyota has refuted claims made by President Donald Trump that the company plans to invest over $10 billion in the U.S. and establish factories across the country. This denial comes after Trump's announcement during his visit to Japan, which raised expectations for job creation and economic growth in the U.S. However, Toyota's clarification highlights the uncertainty surrounding corporate investments and the potential impact on the American economy.
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