Trump claims Toyota and other firms moving from Mexico, Canada to US

In a speech on July 22, 2026, Donald Trump claimed that Toyota is leaving Mexico to build "the largest plant in the world" in the United States, and that other companies from Canada, Germany, Japan, and South Korea are also moving to the U.S., ushering in a "golden age." Source: Heraldo de México Source: Infobae

What Trump said

Speaking at Wheeler High School in Marietta, Georgia, Trump stated: "Toyota just announced that it is leaving Mexico and coming here; they are going to build the largest plant in the world. Everyone is leaving Canada, leaving Mexico. They are coming from Germany, Japan, and South Korea; they are coming from everywhere." He attributed this shift to his administration's economic and security policies, promising a "golden age" for the U.S. Source: Heraldo de México

The actual developments

While Trump's statement suggests a mass exodus, Toyota's actual plans are more limited. The automaker has announced a $3.6 billion investment to build a new plant in Texas, which will produce the Tacoma pickup truck currently made in Baja California and Guanajuato, Mexico. The Texas plant is expected to start operations in 2030. Toyota stated that the Baja California plant will cease Tacoma production, but its future and workers' fate remain uncertain; the Guanajuato plant will continue normal operations. Source: Heraldo de México Critics note that the move is a single model relocation rather than a wholesale departure of all Japanese automakers.

Disagreements and context

Infobae reports the claim as "under development," suggesting caution about Trump's broad assertion. The Heraldo source provides specific details about Toyota's investment but does not confirm other companies leaving Canada or elsewhere. Trump's rhetoric appears to generalize one company's decision into a larger trend. Source: Infobae