Toyota Chairman's Political Move: Investment & Trump Ties

Akio Toyoda, Toyotas chairman, made headlines with a surprising appearance at a Japanese race, wearing a MAGA hat and Trump merchandise, and driving a pickup truck. He clarified his intentions were to find mutual benefits, not debate tariffs. Toyotas ten billion dollar investment plan in US factories, following Trumps encouragement to buy Toyotas, is seen as a strategic move to maintain a good relationship with the US government. Toyotas CEO views these actions as practical steps towards a win for the administration, especially with the USMCA trade agreement up for review in 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.