ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
U.S. President-elect Donald Trump issued a warning to Toyota Thursday over a new plant in Mexico.

Japan Inc. reeling from Trump's Twitter punch on Toyota

Japanese auto stocks fell following tweet

| Japan

TOKYO -- U.S. President-elect Donald Trump's tweet targeting Toyota Motor on Thursday has sent shock waves through Japanese corporate circles, potentially opening the door to wholesale revisions of business strategies in North America.

Trump, apparently reacting to Toyota's plans to start up a $1 billion Mexican plant in 2019, said "No Way" to the idea of the Japanese automaker using the facility to export Corollas to the U.S., adding such a move would be subject to a "big border tax."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more