Skip to main content

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

US President Elect Donald Trump On Thursday Turn His Attention To Toyota Motor, Threatening To Impose a Hefty Fee On Them If It's Corolla Car For US Market Is Build At Mexico Plant.
"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.
This was Trump's latest broadside against automakers building cars in Mexico and first against a foreign automaker. The president-elect's attacks on investments by companies in Mexico have cast a shadow over cross-border production networks central to more than $583 billion a year in trade between the two countries.
The value of the Mexican peso has skidded amid fears that Trump's policies would harm Latin America's second-biggest economy.
Toyota, which announced its plan to build a new Mexican facility in April 2015, said the plant in Guanajuato city would not take away from U.S. employment.
"Toyota looks forward to collaborating with the Trump administration to serve in the best interests of consumers and the automotive industry," Toyota spokesman Scott Vazin said.

Comments

Post a Comment

Popular posts from this blog

Upcoming Yoruba actress, Feyi Hassan releases sexy birthday pictures

Upcoming is a bit harsh to describe, pretty Yoruba actress, Feyisara Hassan, because already she has produced five films of her own, while featuring in plenty more. Feyi, who became a producer as a teenager added another year on Wednesday, April 26, 2017 and to celebrate the special day she released some sexy pictures to show another side of her person. Vulnerably beautiful, delicate and yet provocative, Feyi, slays minds in this shoot, without having to go over the edge. Happy birthday girl.
Post a Comment
www.bountifullink.blogspot.com»

Wike moves to ban 5,000 unapproved schools in Rivers

The Rivers State government says it has concluded plans to ban all unapproved schools operating in the state with effect from September this year. State Commissioner for Education, Prof. Kaniye Ebeku, disclosed this when he led members of the Rivers state House of Assembly Committee on Education on an inspection of ongoing rehabilitation work at Government Girls Secondary School, Rumuokwuta in company of officials of the state Ministry of Education. Prof. Ebeku said about five thousand illegal private schools are operating in the state. He said that publications will be done in both National and local papers in the coming days with the full names of the affected schools. According to Ebeku, “We found that there are so many unapproved quacks schools operating in the state and this is not acceptable for many reasons. They deliver poor quality education and because they are operating underground they are not paying required taxes as legitimate approved organizations. “We would not want ...
Post a Comment
www.bountifullink.blogspot.com»

.Kenyan President Ruto Unveils Cabinet Two Weeks After Swearing In

Kenyan President William Ruto on Tuesday named his first cabinet after winning a divisive election in August and defending his narrow victory in the country’s highest court. Ruto, who defeated his opponent Raila Odinga by some 200,000 votes, unveiled his new administration after calling the 26 ministers and cabinet-level appointees to a meeting at State House. Among those appointed were political allies whose support helped ensure Ruto, who served as deputy president in the former government, took the top job after an acrimonious campaign. The president thanked those who “worked and walked this journey to victory”. “Because of their contribution, because of their decision to work with us under very difficult circumstances, we won this election,” Ruto told reporters. Musalia Mudavadi, whose party forged an alliance with Ruto, was named prime cabinet secretary, answering directly to the president and his deputy. Alfred Mutua, a former governor whose party also sided with Ruto, was named ...
Post a Comment
www.bountifullink.blogspot.com»