Donald Trump Applauds 16 Billion Toyota Mazda Plant as Great Investment
President Donald Trump took to Twitter to praise the 1.6 billion Toyota Mazda plant to be built in the United States. The Japanese automakers confirmed the partnership early Friday, after which Trump tweeted it was "a great investment in American manufacturing." This comes after Trump warned Toyota in January that he would impose a hefty fine if it opted to make cars for the U.S. market in Mexico, Reuters reported. , , Trump also took a moment to remind his followers that Asian manufacturer Foxconn signed a deal last week to build a 10 billion display panel manufacturing plant in Wisconsin that would create some 3,000 jobs. While the president told small business owners Tuesday that Foxconn CEO Terry Gou told him the company would invest as much as 30 billion in the U.S. Foxconn has not confirmed that figure, according to AP.