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

Toyota Pushes Back on Trump's Claim of $10bn US Investment

Toyota Motor Corporation has denied US President Donald Trump's assertion that the company is set to invest over $10 billion in the United States. The Japanese automaker's senior executive, Hiroyuki Ueda, clarified that no explicit promise of such a significant investment was made during Trump's visit to Japan earlier this week.

While Toyota did not deny that it plans to continue investing and creating jobs in the US, Ueda stated that the firm had discussed its investment plans with Japanese and American officials. However, he noted that the figure of $10 billion came up in conversation due to a prior discussion between Toyota Chairman Akio Toyoda and Trump, which did not include this specific topic.

The company's denial has led some to speculate that Trump may have misspoken or exaggerated the scope of any potential investment by Toyota. The visit by Trump to Japan was seen as an opportunity for both countries to strengthen their ties, with the US president meeting with Japan's new prime minister and signing deals on trade and rare earths.

Despite the denial from Toyota, Trump seems to be encouraging Americans to buy Japanese-made products, including cars from the company. However, it remains unclear what specific plans Toyota has in store for its US operations.
 
I'm so excited about this! πŸš— So Toyota's not gonna invest $10 billion in the States and that's okay! πŸ€·β€β™‚οΈ The thing is, we need to separate fact from fiction, you know? Trump's visit was all about strengthening ties between Japan and the US and while it's cool to see both leaders meeting up, let's not get too caught up in the hype. πŸŽ‰ Toyota has always been a big player in the auto industry and if they want to expand their operations in the States, that's awesome! πŸš€ We just need some clarity on what they're planning to do. And can we talk about how great it is that Trump's pushing for Americans to buy Japanese-made products? πŸ™Œ It's all about choice and supporting our international friends! πŸ‘
 
I'm not sure if $10 billion is a big deal or not πŸ€‘. I mean, think about it, that's just a lot of money, but at the same time, it's just an investment, you know? It's like when I spend my hard-earned cash on a new laptop and then later realize I could've bought a nice dinner for friends instead πŸ˜‚. But seriously, if Toyota is really planning to invest that amount in the US, it's gotta be good for the economy, right? Just wondering if we should be too excited or just take things with a grain of salt πŸ’Έ
 
I'm so confused about this whole thing... if $10bn is just a random figure that came up during a convo between Trump and Toyoda, then why would Trump be all excited about it? πŸ€·β€β™‚οΈ I mean, I know Toyota's big on investing in the US, but $10bn seems like a pretty crazy number. Did they even give him any details on what they'd be doing with that kinda cash? πŸ€‘ Also, have you guys tried those new Corolla models? My friend just got one and loves it! πŸ‘
 
I don't get why Trump is making such a big deal about this πŸ€·β€β™‚οΈ. I mean, $10 billion is a huge amount of money, but it's not like they're just going to hand it over overnight πŸ’Έ. Toyota has been investing in the US for years and it's not like they've forgotten where their roots are 🌱. It's just business as usual, you know? They might be keeping some plans under wraps, but I'm sure we'll hear about it soon enough πŸ”. Trump needs to chill out and stop making a scene over nothing πŸ˜‚.
 
OMG u guys I'm like literally shaking my head right now lol... so trump is saying toyota is gonna invest 10bn dollars in the us but really they just denied it πŸ™…β€β™‚οΈ and it's all kinda weird how this whole thing went down... i was thinking maybe toyoda himself said some stuff during that meeting with trump and then trump took it outta context lol now it seems like trump is trying to make it sound like toyota is super into investing in the us but idk what's really going on πŸ€”
 
Toyota gotta clear the air πŸ€”πŸ’¨, no $10 billion promise made πŸš«πŸ’Έ, just a convo topic 😊πŸ‘₯. Trump might've misspoken or hyped it up πŸ€¦β€β™‚οΈπŸ’¬, who knows? πŸ€·β€β™€οΈ At least they're keeping plans under wraps βš οΈπŸ”’ for now πŸ‘€. I hope Toyota invests in more electric cars πŸš€πŸ’š, that's the future we need πŸŒžπŸ’»!
 
So like Trump is trying to claim that Toyota's gonna shell out $10 billion or whatever... and now they're all like "nope" πŸ™…β€β™‚οΈ. I mean, can you even imagine if they did invest that kind of cash? It'd be huge for the US economy, right? But at the same time, it's also kinda suspicious that Trump is just trying to hype up a potential deal... reminds me of that scene from The Wolf of Wall Street where Jordan Belfort is all about making big promises he can't keep πŸ€‘. Anyway, Toyota seems solid and all, but we'll have to wait and see what they really have in store for the US market πŸ”.
 
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