Reuters revealed how Toyota is trying to strike a balance between China and the U.S. The company announced two deals last month in China that were small in size but large in strategic planning. But before it could feel comfortable unveiling those plans, Toyota put in months of work to pledge fresh investment – in the United States. Announcing U.S. investment first was a strategy Toyota felt the company needed to pursue to avoid U.S. President Donald Trump’s wrath.
Reuters exclusively reports Toyota trying to strike balance between China and U.S.
21 May 2019, 12:00 am. 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia
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