Trump Warns Toyota: "Build Plant in USA or Pay Big!"

Justin Holcomb
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Posted: Jan 05, 2017 2:00 PM
Trump Warns Toyota: "Build Plant in USA or Pay Big!"

Toyota received it's first warning shot from President-elect Donald Trump on Thursday, warning the car manufacture of plans to build a massive plant in Baja, Mexico.  

Within minutes of the message being released, the Toyota's shares dropped in the afternoon trade market.  

Earlier tin the week, Trump issued the same ultimatum to General Motors.  

And after pressuring Ford Motor Company to abandon plants in Mexico,  Ford announced it was canceling its plans to build Mexican plant and instead invest $700 million in Michigan along with 700 new U.S. jobs on Tuesday.