The president-elect attacked the Japanese automaker for its plans to build Corolla’s in Mexico.
Toyota responded with details about the number of Americans employed by the company.
The Japanese government defended Toyota Motor Corp on Friday as an “important corporate citizen” of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.
The attack happened overnight, a single tweet rattled the entire japanese car industry.
Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.
— Donald J. Trump (@realDonaldTrump) January 5, 2017
Toyota shares fell more than 3 percent before recovering, and Honda Motor Co and Nissan Motor Co slid around 2 percent.
— CNBC (@CNBC) January 5, 2017
toyota reminds the world how rooted they are in the U.S.
— Toyota USA (@Toyota) January 5, 2017
In short: Toyota employs more Americans than Trump ever has https://t.co/6HTTzivBLg
— Drew Harwell (@drewharwell) January 5, 2017
— Joe Overby (@AR_JoeOverby) January 5, 2017