Trump: "Tariffs are great"...Toyota, Stellantis invest in the U.S.

1. 1President Trump claimed that tariffs have brought in hundreds of billions of dollars and that companies are increasing U.S. production.
2. 2Toyota is investing $3.6 billion in San Antonio to move production from Tacoma, Mexico, and Stellantis announced a $13 billion investment.
3. 3According to a New York Fed study, nearly 90% of tariff costs are borne by U.S. companies and consumers, the original report said.

Source Moneywise +1 · View original ↗

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