The President-elect Donald Trump made it clear during the campaign trail that he was going to make America great again, he’s strategy is straight forward as he intends to bring back jobs back to the Americans and make sure that the unemployment menace is put to an end. This strategy requires a hard-headed President who not only works by lip service but makes things happen. It is without a doubt that Mr. Trump is the man for the job. Trump’s team is doubling down on his attempts to force American companies to bring their manufacturing plants back to the U.S. Furthermore, Trump has been explicit on his intentions to penalize companies that won’t comply.
In a tweet made on Thursday afternoon, Trump made it clear that Toyota Motor Company’s plan to build a new plant in Mexico was unacceptable as he added that the company needs to change their plans, failure to which he’d subject the company to a tax penalty.
In his tweet, Trump wrote that, “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.”
This is the second time that Trump has tweeted about border tax this week alone. On Tuesday, he wrote that, “General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A. or pay big border tax!”
In an announcement made by Toyota in 2015, the Motor company made it clear of its intentions to increase manufacturing bases adding that it had plans to locate a plant in Mexico that would take place of a factory in Canada instead of the U.S. Toyota CEO Akio Toyoda said on Thursday that the company has no immediate plans of changing the location of their factories adding that intends to work and he’ll be watching Trump’s decisions very closely.
“Toyota has been part of the cultural fabric in the U.S. for nearly 60 years. Production volume or employment in the U.S. will not decrease as a result of our new plant in Guanajuato, Mexico announced in April 2015,” the statement read. “Toyota looks forward to collaborating with the Trump Administration to serve in the best interests of consumers and the automotive industry.”
This comes after Ford Motor Company announced they were scrapping plans to construct a factory in Mexico and instead they’d invest the $700 million more in the Michigan location. Trump responded by tweeting, “Thank you to Ford for scrapping a new plant in Mexico and creating 700 new jobs in the U.S. This is just the beginning – much more to follow.”
Despite the significant resistance that might face Trump’s intention to impose tariff on foreign goods by the Congress, any reasonable member of Congress ought to look at Trump’s intentions objectively.