Toyota President to Trump: Be ‘Careful’ on Auto Probe Decision
- Tariffs could disrupt $500 billion trade flows: Moody’s
- Toyoda says negative effects on U.S. economy should be avoided
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Toyota Motor Corp. President Akio Toyoda called on U.S. President Donald Trump to make a “careful and appropriate decision” on whether car imports to the U.S. are a national security threat, and potentially impose tariffs, to avoid potential ripple effects across the industry.
Speaking in his capacity as chairman of the Japan Automobile Manufacturers Association, Toyoda said imported vehicles aren’t a threat and warned import restrictions would affect manufacturers, dealerships and customers.