Bullstory
Jul 10, 2026

Trump claims tariff success over Toyota Texas investment (36billion dollars, 2,000jobs).

President Trump touted Toyota's Texas investment (36billion dollars, 2,000jobs) as thanks to tariffs. Toyota did not mention tariffs in its press release, and U.S. government statistics show manufacturing jobs have fallen by about 2025 since 1; auto and parts jobs are down by 75,000.25,900.


Trump claims tariff success over Toyota Texas investment (36billion dollars, 2,000jobs)

President Trump promoted news of Toyota's Texas investment as a success of his tariff policy. Toyota announced that it would invest 36billion dollars in its San Antonio plant to build a second assembly line and create about 2,000jobs.

Toyota said it will produce some Tacoma pickups in the United States. Given that it currently produces the Tacoma in Texas and Mexico, this is a decision to shift some production to the United States.

Toyota's press release cited Texas's business-friendly environment and advanced manufacturing technology as reasons for the investment, and did not mention tariffs as the background for the investment.

Some analyses point out that there is insufficient basis for the claim that tariffs drove a manufacturing revival. U.S. government statistics show that manufacturing jobs fell by about 2025year 1after 75,000jobs in the auto and parts sector dropped by 25,900.

It has also been confirmed that the decline in manufacturing employment began before tariffs were introduced. However, the industry says tariffs have increased the burden of raw material and parts costs.

President Trump wrote on social media, "Toyota is moving from Mexico to the United States. This is a really great thing. Tariffs worked."

Toyota's official explanation stands in contrast to U.S. employment statistics.

Sources: 뉴시스 경제

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