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Toyota Denies $10 Billion U.S. Investment Promise Contradicting Trump’s Claims

Toyota Denies $10 Billion U.S. Investment Promise Contradicting Trump’s Claims

Published:
2025-10-29 14:05:12
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Toyota clarifies it never promised $10 billion U.S. investment despite Trump's claim

Toyota just dropped the ultimate corporate mic—denying they ever committed to that massive $10 billion U.S. investment Trump keeps talking about.

The Reality Check

Corporate promises versus political narratives—welcome to the modern investment landscape. Toyota's clarification cuts through the noise, revealing a stark disconnect between political announcements and actual corporate commitments.

Numbers Don't Lie

That $10 billion figure Trump cited? Toyota says it never happened. The automotive giant bypassed the political theater to set the record straight—no promised investment, no hidden deals, just cold, hard corporate denial.

Another day, another reminder that in the world of billion-dollar announcements, sometimes the most valuable currency is simply telling the truth—even if it means contradicting a former president. Corporate transparency: still more reliable than political promises.

Trump’s Japan visit produces little concrete action

The confusion over Toyota’s investment plans came during Trump’s three-day Japan visit, which wrapped up Wednesday. The trip featured plenty of warm words between American and Japanese leaders but produced little concrete action on a massive $550 billion investment program Japan has promised.

Trump spent Monday through Wednesday in Japan, where he praised Prime Minister Sanae Takaichi repeatedly and talked about a new “golden age” for relations between the two countries as reported by Cryptopolitan.

Trump met with Takaichi, who became Japan’s first woman prime minister, on Tuesday. He welcomed her promise to speed up certain initiatives and put his signature on agreements covering trade and other matters.

Despite all the ceremony, not a single project moved forward under Japan’s $550 billion investment commitment while Trump was in the country. Two Japanese officials confirmed that the program, which calls for Japan to fund projects that America will control, has not actually started.

“No specific projects have been finalized at this point,” Finance Minister Satsuki Katayama said Tuesday when asked about the pledge.

An agreement signed in early September by then-economic revitalization minister Ryosei Akazawa and Commerce Secretary Howard Lutnick lays out how the process should work. Projects will get recommended by a committee led by the commerce secretary, then the president must approve them.

“We can’t say for sure how long the process will take at this stage,” Akazawa, now serving as Japan’s trade minister, told reporters Tuesday.

Trump headed to Korea after leaving Japan, where another big investment promise, $350 billion this time, has gotten stuck. Arguments over how fast the money should flow, where it comes from, how projects get picked, and how profits get divided have slowed things down there.

Fact sheets list potential projects

Japanese trade and finance officials put out a fact sheet about the $550 billion program during Trump’s stay.

The paper lists 21 American and Japanese companies interested in taking part, with some information about possible projects and their business size based on investment or revenue figures. Companies mentioned include Panasonic with energy storage systems and Westinghouse with small nuclear reactors.

The WHITE House released its own statement Tuesday naming project types like energy, artificial intelligence, electronics, critical materials, manufacturing, and logistics, with estimated investment amounts.

Akazawa said nobody knows yet how many listed projects will happen or how much financing will come from Japanese institutions. He noted the framework stays open to companies from other countries and could involve financing from banks outside Japan and America too.

The uncertainty around the investment program continues as trade negotiations between the two countries face ongoing challenges over various trade issues.

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