Toyota Refutes Trump's $10 Billion US Investment Claim

President Donald Trump claimed during his 2025 Asia trip that Japanese automaker Toyota would invest $10 billion to build new car plants in several U.S. states. However, Toyota executives have denied any new investment commitment of that scale, clarifying that the $10 billion figure referenced past investments made during Trump's first administration rather than a new pledge. Toyota emphasized that no specific future investment figure or formal promise was made in recent talks with President Trump or during his visit. The automaker stated it plans to continue investing and providing employment in the U.S., but the exact numbers remain unconfirmed and the claim of new $10 billion investment was described as a misinterpretation or exaggeration. This situation reflects a broader pattern where President Trump has been noted for inflating foreign investment claims during his tenure. Observers caution that accepting Trump's investment claims at face value is a mistake, given the discrepancies Toyota has publicly highlighted.