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Trump praises tariffs following Toyota's move of production to Texas
President Donald Trump praised tariff policies after Toyota's decision to move the production of its "Tundra" trucks from Mexico to Texas, emphasizing that this shift strengthens the protection of the domestic industry and is part of a strategy to impose tariffs to compensate for the setbacks in free trade negotiations with Mexico. Toyota has announced an investment of around $10 billion within the United States over the next decade, aiming to protect its profits from tariffs that could reach up to 25% on imported cars.
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