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Trump raps Toyota’s Mexico plan

Jiji Press WASHINGTON (Jiji Press) — Incoming U.S. President Donald Trump on Thursday criticized a plan by Toyota Motor Corp. to build a new factory in Mexico.

“Toyota Motor said will build a new plant” in Baja California, Mexico, to make Corolla cars for exports to the United States, Trump said on his Twitter account.

“No Way!,” he said, adding, “Build plant in U.S. or pay big border tax.”

This is the first time that Trump has criticized a Japanese company since he won the U.S. presidential election in November last year.

Trump, who is set to take office on Jan. 20, has rapped plans by Ford Motor Co. and other U.S. firms to build plants outside the United States.

In Tokyo Thursday, Toyota President Akio Toyoda said that the company will not change the new Mexican factory plan. Through the Twitter posts, Trump apparently expressed concern over the impacts Toyota’s plan would have on jobs in the United States.

In a statement released Thursday, Toyota said, “Production volume or employment in the United States will not decrease as a result of our new plant in Guanajuato, Mexico, announced in April 2015.”

“Toyota looks forward to collaborating with the Trump administration to serve in the best interests of consumers and the automotive industry” in the United States, the statement said.Speech

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