Toyota moving production from Mexico to US, says Trump

Trump says Toyota move shows tariffs are working

President Donald Trump credited his tariffs with encouraging Toyota to move some manufacturing operations from Mexico to the United States. In a Truth Social post Tuesday while in Turkey, Trump hailed Toyota’s decision to expand production in Texas as another sign that his trade policies are driving jobs and investment back to the United States. []...Click to read more

Toyota set to move production out of Tijuana and into Texas

The Japanese automaker will gradually relocate production of the Tacoma model to its San Antonio plant over the next four years. However, Mexico's Economy Ministry hinted at a future investment announcement that may soften the blow. The post Toyota set to move production out of Tijuana and into Texas appeared first on Mexico News Daily

Trump celebrates Toyota moving Tacoma pickup production from Mexico to Texas: ‘Tariffs at work!’

President Donald Trump heralded automaker Toyota’s announcement that it plans to shift much of its production from Mexico to the United States as evidence that his tariff policies are working. Late Monday night, Toyota outlined plans for a 3.6 billion expansion of its manufacturing center in San Antonio, Texas, which will include shifting nearly all []

Trump on Toyota plan to move some production from Mexico to US: 'A really big deal'

President Trump on Tuesday celebrated plans for Toyota to move manufacturing operations of its Tacoma truck from Mexico to Texas, a move aligned with his administration’s efforts to grow American manufacturing jobs. “A really big deal. Tariffs at work!” the president wrote in a Truth Social post, referencing trade policies that imposed taxes on imports...

Four in 10 Canadian manufacturers moving to US or considering it

A new KPMG survey reveals more than four in 10 (42) manufacturers have moved their production from Canada to the US or are considering doing so.

Trump Admin Won’t Renew Trade With Canada, Mexico in Its Current Form

An official told Fox Business that Trump wants separate deals with Canada and Mexico that last up to 10 years. The post Trump Admin Won’t Renew Trade With Canada, Mexico in Its Current Form first appeared on Le·gal In·sur·rec·tion.

Toyota’s San Antonio expansion expected to bring 2,000 jobs — but they come at a cost

Toyota Motor North America officials said Monday that the company is investing 3.6 billion to bring production of its midsize Tacoma pickup truck to San Antonio from Mexico — a shift that would create 2,000 new jobs at its existing plant on the South Side. That move comes at a cost, though. In exchange for adding a [] The post Toyota’s San Antonio expansion expected to bring 2,000 jobs — but they come at a cost appeared first on San Antonio Current.

China aims to ‘infiltrate’ US-Mexico-Canada trade deal, says American manufacturing group

China is trying to “infiltrate” the US-Mexico-Canada trade agreement via Mexican automotive investments, a US manufacturing trade group said, as Washington indicated it would not renew the agreement that comes up for review this month. However, analysts cautioned that full decoupling from China’s automotive industry remains difficult, given North America’s continued dependence on Chinese-sourced motor vehicle components and Mexico’s legacy of export manufacturing plus quick access to the US...

Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG

A new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42 per cent of Canadian manufacturing companies indicated they have or are considering moving production to the United States. Of those considering relocating, 77 per cent expect [] The post Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG appeared first on CityNews Montreal.

🎥 We are Mexico: El Tri’s stirring video before England

There is something Mexico has done time and time again: take the improbable and turn it into history. That is how the latest video posted on social media by the Mexican national team begins to build...

Toyota to shift production of truck from Mexico plant to Texas

Toyota Motor Corp. is moving production of its popular Tacoma midsize truck from a plant in Mexico to San Antonio as part of a 3.6 billion investment in the Texas facility. The Japanese carmaker will build a second production line in San Antonio...

Why Krugman Thinks We Need Chinese Auto Tariffs

As the United States, Canada, and Mexico prepare to renegotiate the USMCA trade deal, one industry sits squarely at the center of the debate: automobiles. Companies like Linamar depend on highly integrated supply chains that send components across borders multiple times before a vehicle is completed. Nobel laureate Paul Krugman argues that competition from China demands some trade barriers, while Council on Foreign Relations expert Shannon O’Neil says the region’s manufacturing strength depends on cross-border production. Supporters of the agreement warn that uncertainty poses the biggest risk to investment, jobs, and the future of a trade relationship that supports over a trillion dollars in annual commerce. (Source: Bloomberg)

From Shein to Pop Mart: How Chinese brands are grabbing global market share

Chinese companies are moving beyond their home base, expanding overseas and reshaping fashion, tech, and consumer markets worldwide. CNN’s Hanako Montgomery explains why.

Toyota moves some Tacoma output to Texas, and Trump claims the credit

Toyota will invest 3.6bn to expand its San Antonio plant and move some Tacoma pickup production from Mexico to Texas. The carmaker announced the plan on Monday, adding a second assembly line, according to CNBC. President Donald Trump quickly claimed the move as proof his trade policy is working. “That’s what tariffs do, properly used,” he [] This story continues at The Next Web

Business : Mexico, U.S. Remain At Odds Over Trilateral Trade Agreement

Business : Mexico, U.S. Remain At Odds Over Trilateral Trade Agreement

Why is the US ditching its trade agreement with Mexico and Canada?

The U.S. says it won't renew the trade deal with Mexico and Canada struck under the first Trump administration — although it's got ten years left to run. Elena Casas takes a look at what could be next for North America's $1.6 trillion of annual trade. #usa #trade #mexico #canada

Toyota to Build $3.6 Billion Texas Plant, Shift Some Truck Production From Mexico

Toyota Motor Corp said on Monday it will build a new 3.6 billion auto plant in Texas and shift some truck production to the United States from Mexico, prompting triumphant statements from the White House. The Japanese automaker said the new 2.5-million-square-foot building will be located on its San Antonio manufacturing campus and will open...

Gabe Vasquez Wants to End Oil & Gas

A recently resurfaced video is exposing defund the police Gabe Vasquez’s true plans for New Mexico: end the oil and gas industry, kill thousands of jobs, and gut the state budget. Despite the fact that the oil and gas industry contributes 7.5 billion to New Mexico’s general fund, Vasquez wants to “[limit] the use of natural gas and [] The post Gabe Vasquez Wants to End Oil Gas appeared first on NRCC.

Toyota Brings Tacoma Work Back to Texas, Hands Trump a Huge America First Win

Toyota Brings Tacoma Work Back to Texas, Hands Trump a Huge America First Win

Trump keeps threatening to cut off trade with Spain, but he can’t follow through

“We don’t want to do any trade business with Spain anymore,” the president said. It’s not nearly that simple. The post Trump keeps threatening to cut off trade with Spain, but he can’t follow through appeared first on MS NOW.

Mexico’s Foreign Policy Agenda in Central America

In the past decade, Mexico has made strengthening ties with Latin America a top priority, reorienting its gaze from north to south. This is the product of two factors: criticism that Mexico was ignoring its southern neighbors, and strategic concern over Brazil’s assertion of leadership in the region. Starting in the 1990s with the implementation ... Read more The post Mexico’s Foreign Policy Agenda in Central America appeared first on Americas Quarterly.

Using piñata and clothing stores in the US, cartels keep sending millions in drug proceeds to Mexico

Modest businesses owned by Hispanic families are one of the methods that Mexican traffickers use to move the fortunes they obtain from drug sales in the US

Niraj Bajaj charts a less cyclical, more global future for Bajaj Auto

Beyond motorcycles, the next phase is anchored in EVs, exports, financing and strategic diversification

South Korea’s Hyundai, Kia set U.S. sales record on hybrids

South Korea’s Hyundai, Kia set U.S. sales record on hybrids

What's Happening to MercadoLibre Stock? Here's Why Investors Are Getting More Cautious.

MercadoLibre remains one of Latin America's highest-quality technology companies. But investors have shifted their focus from rapid growth to something else.

Mitsubishi previews next Outlander SUV and new ASX

New generations of Mitsubishi's two best-selling SUVs have been shown to dealers in North America ahead of their expected arrival in Australia.

No commercial sense to export, re-import fuel to Nigeria — Dangote Refinery

Dangote Refinery has dismissed claims that it exports refined petroleum products to neighbouring countries only for the same products to be re-imported into Nigeria. The refinery made the clarification in a statement posted on its official social media account on Wednesday. The response follows reports alleging that the 20 billion refinery gives priority to export markets [] No commercial sense to export, re-import fuel to Nigeria — Dangote Refinery

Uday Kotak flags America's new economic doctrine. India is already following parts of it

Under Donald Trump, the US has shifted its approach to trade, manufacturing, and supply chains - and that came after its realisation that outsourcing had not really worked for America

JUST IN: 🇮🇷🇺🇸 Iranian Parliament Speaker Ghalibaf says the US only exports "GMO soybeans, [...]

JUST IN: Iranian Parliament Speaker Ghalibaf says the US only exports GMO soybeans, broken promises and trash talks.@BRICSNews

US Weighs Removing Steering Wheel Requirement for Driverless Cars

The move would benefit companies such as Tesla, which are already designing in that direction.

Nissan CEO’s US mission: shed rental-car image

Nissan CEO’s US mission: shed rental-car image

Double Motorcycle Crash In Michigan Leads To Federal Charges For Previously Deported Driver

A Mexican citizen faces federal immigration charges after a hit-and-run traffic accident in Waterford, Michigan, left two motorcyclists critically injured. Jose Manuel Cazarez-Pulido, 33, appeared in federal court in Detroit yesterday on charges of illegally re-entering the United States after a previous removal. A federal judge ordered him temporarily detained pending a formal detention hearing. [] Double Motorcycle Crash In Michigan Leads To Federal Charges For Previously Deported Driver