Toyota Caves In to President

Toyota Motor Corp said on Monday it will build a new $3.6 ‌billion auto plant in Texas and shift some ‌truck production to the United States from Mexico.

The Japanese automaker said the ​new 2.5-million-square-foot building will be located on its San Antonio manufacturing campus and will open by 2030, creating 2,000 jobs. The car company said it will move production of ‌its mid-size Tacoma pickup truck from the Toyota Manufacturing Baja California plant in Mexico to the Texas plant ⁠when completed.

President Donald Trump has pressured automakers to move more auto production to the United States and has ‌hiked tariffs on autos, steel, aluminum ​and parts.

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