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Toyota target of Trump's latest Twitter broadside

The world's largest automaker became the latest company to face Trump's wrath

Toyota
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Visitors walk past a logo of Toyota Motor Corp on a Toyota Prius hybrid vehicle at the company's showroom in Tokyo. Photo: Reuters

AFP | PTI
Toyota shares slumped on Friday as Donald Trump threatened punitive tariffs over its new vehicle plant in Mexico, triggering a staunch defence from Japan's government which said its auto sector had made huge contributions to the US economy.

The world's largest automaker became the latest company to face Trump's wrath when he tweeted "NO WAY" to the company's plans for a new manufacturing plant in Mexico.

US President-elect Trump - who takes office on January 20 — has embraced the unorthodox tactic of using Twitter to intervene publicly in the affairs of major companies.

The 70-year-old Republican property mogul campaigned in part on

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