Post Azhy0MiRy8xuQx258S by Nonilex@masto.ai
(DIR) More posts by Nonilex@masto.ai
(DIR) Post #Azhwqa6fEEcz7784QK by Nonilex@masto.ai
2025-10-29T17:12:53Z
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#Toyota Says $10 Billion #US Investment Touted by #Trump Isn’t NewJapanese ofcls have called into question some elements of the flurry of big new investments announced by Trump during his #Japan visit.In Japan this week, Trump ticked off a list of multibillion-dollar US investment plans by Japanese firms that he attributed to his #trade policies.After he left for South Korea Wednesday for #APEC, ofcls in Japan were left scrambling to clarify.#FactCheck #TrumpLies https://www.nytimes.com/2025/10/29/business/trump-toyota-10-billion.html?smid=nytcore-ios-share&referringSource=articleShare
(DIR) Post #AzhwvcEwiudbB9P5eK by Nonilex@masto.ai
2025-10-29T17:13:47Z
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On multiple occasions during his time in Tokyo, #Trump said #Japan’s #Toyota Motor had committed to him that it would spend $10 billion building auto plants “throughout the United States.” He repeated the claim at least twice in South Korea on Wednesday.In response, Hiroyuki Ueda, a Toyota executive, said the company had NOT announced specific new plans for a $10 billion investment.#FactCheck #TrumpLies
(DIR) Post #Azhx3sEz7KtF7XMLnE by Nonilex@masto.ai
2025-10-29T17:15:16Z
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During the first #Trump admin, #Toyota deployed approximately $10 billion in its #US operations. And in meetings with government officials before Trump’s arrival this week, Toyota conveyed that “our current intention is to proceed at a scale roughly equal to what we did under the previous Trump administration, or under Mr. #Biden in between,” Mr. Ueda said.“I suspect that is how the figure of around $10 billion may have emerged,” he said.#FactCheck #TrumpLies
(DIR) Post #AzhxVxv1bFzQq5Q0X2 by Nonilex@masto.ai
2025-10-29T17:20:21Z
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During Trump’s #Japan visit, he & #commerce secy #HowardLutnick, unveiled investment pledges that they said they had secured from Japanese firms. The companies spanned sectors from AI to nuclear reactors.At a meeting of business leaders in Tokyo, execs from many of the companies, including Kei Uruma of Mitsubishi Electric & Toshiaki Tokunaga of Hitachi, walked to the front of the room, shook hands with Trump & held up documents detailing their projects.#FactCheck #TrumpLies
(DIR) Post #AzhxecV2bZHV10OL5M by Nonilex@masto.ai
2025-10-29T17:21:52Z
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“This evening we are going to be signing $490 billion of investment,” Lutnick said. These deals, he told #Trump, were “created by your tariff policy” as well as a #trade agreement the admin reached with #Japan in which it agreed to invest $550 billion in the US #economy.But earlier that day, Japan’s trade ministry had published the names of companies “considering” the projects outlined by Lutnick.#FactCheck #TrumpLies
(DIR) Post #AzhxqMvSKmyYBkLiKW by Nonilex@masto.ai
2025-10-29T17:24:03Z
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For a nuclear reactor construction initiative, which was projected to be worth up to $100 billion, the government memorandum read, “Japanese companies including Toshiba are *considering* involvement.”On Tuesday, the White House also issued a memo stating that #Toyota would begin importing vehicles it made in the #US to #Japan.…Toyota said on Wednesday that it was “considering” such a move.#Trump #FactCheck #TrumpLies
(DIR) Post #Azhy0MiRy8xuQx258S by Nonilex@masto.ai
2025-10-29T17:25:51Z
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Another corporate chief who met with #Trump was Ivan Espinosa of #Nissan Motor. He said at a news conference in Tokyo on Wednesday that the company was *exploring options* to bring more models to the US market, but that its immediate priority was making the most of its existing manufacturing base in the country.Investments like the ones Japanese companies are being pressured to make by the Trump admin require long-range planning, & it can be years before they pay off….#FactCheck #TrumpLies
(DIR) Post #AzhyttfJALDqYF2gkK by jag0325@c.im
2025-10-29T17:35:52Z
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@Nonilex none of the shit he touts is real.
(DIR) Post #Azi2jCkKHaRYMRXwkC by knutson_brain@sfba.social
2025-10-29T18:18:44Z
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@Nonilex Show me the balance sheet…
(DIR) Post #Azi8nZlvDNy6eolDRQ by TomDB@mastodon-belgium.be
2025-10-29T19:26:44Z
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@Nonilex Dangling a carrot in front of Trump’s face just to throw it away after he caves.