The automaker announced its plan to open a factory in Guanajuato, Mexico, in 2015. The company, which is based in Japan, stressed Thursday that the new Mexico plant, which will employ 2,000 people, will not cause any job losses in the U.S.
“Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY!” Trump tweeted on Thursday.
“Build plant in U.S. or pay big border tax.”
- Fed chair calls bitcoin 'highly speculative'
Federal Reserve chair Janet Yellen says bitcoin is not a stable source of value, but she says that the risks that bitcoin poses to financial stability are "limited."
- Yellen: deficits could make it harder to fight recession
Federal Reserve Chairwoman Janet Yellen on Wednesday raised concerns higher deficits may offer fiscal policy makers little room to respond to a future U.S. recession.
- Trump's 'giant' middle class tax cut is less than advertised
President Trump said Wednesday the Republican tax plan working its way through Congress will result in a 'giant tax cut' for the middle class. Here's the reality.
- PBS suspends Tavis Smiley's show amid allegations
PBS says it has hired an outside law firm to handle an investigation into the matter.
- John McCain to Trump: Lay off the 'fake news' claims
Senator McCain, a Republican from Arizona, called Trump's frequent 'fake news' claims 'harmful' and shared data about imprisoned reporters.