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moves money TNW July 07, 2026

Toyota moves some Tacoma output to Texas, and Trump claims the credit

Toyota moves some Tacoma output to Texas, and Trump claims the credit
AI Summary

Toyota will invest $3.6bn to expand its San Antonio plant and move some Tacoma pickup production from Mexico to Texas. The carmaker announced the plan on Monday, adding a second assembly line, according to CNBC. President Donald Trump quickly claimed the move as proof his trade policy is working.

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