Trump Tells Toyota Not to Build Plant in Mexico

The transcript discusses Toyota's expansion in the US, clarifying misconceptions in Trump's tweet about Toyota's factories in Mexico. It highlights the focus on Mexico by US automakers like Ford and GM, and speculates on the backchannel communications influencing Trump's statements. The business rationale behind building factories in Mexico is also explored, emphasizing the importance of models like the Corolla.

Discuss the reasons behind the focus on Mexico as a target for criticism in the automotive industry.

What factors contribute to the importance of the Corolla model for Toyota?