WASHINGTON/NEW YORK — Donald Trump’s return to the White House, along with his inward-looking protectionist policies, threatens to raise annual U.S. auto production costs by $40 billion, analyses show, as well as slow steps towards decarbonization and artificial intelligence technologies.
Toyota Motor announced plans to invest $1.45 billion in Mexico to increase production of the next-generation of Tacoma pickup truck for the U.S. market. But the future remains uncertain.
