Ankara: Toyota is moving some of its production from Mexico to the US, President Donald Trump said Tuesday. 'Toyota is moving from Mexico to the United States (Texas!). A really big deal. Tariffs at work,' Trump wrote on his Truth Social platform.

According to Anadolu Agency, Trump last year imposed steep tariffs on trading partners, including Japan, in a bid to reduce chronic US trade deficits. To avoid the tariffs, foreign firms could alternately shift production to the US.

Last April, the Trump administration raised tariffs on foreign-made cars to 27.5% from 2.5%. The tariff rate on Japanese vehicles was later reduced to 15% in July and formally took effect in September.

Auto exports accounted for about 30% of Japan's total exports to the US in 2023, the largest share among all sectors.