Are foreign automakers feeling pressured by Trump?
Toyota is investing $1.3 billion to upgrade 30-year-old equipment at its manufacturing plant in Georgetown, Kentucky. The factory is going to start producing a new Camry in June. The automaker says this investment has been in the works for years and was not driven by the border tax floated by President Trump. But that doesn’t mean foreign automakers won’t take the opportunity to highlight their U.S. investments — and to argue against a border tax.
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
