Trump Tweet Cuts $1.2 Billion From Toyota Stock Value

Donald Trump targeted another automaker on Twitter, and created another ripple in the stock market.

Here’s what Trump tweeted:

Trump has made similar comments about GM and Ford, saying he will impose tariffs on vehicles companies send over the border that are manufactured outside the United States.

After Trump’s tweet, Toyota dropped 3.1% at its lowest.

Toyota Stock Price Drops After Trump Tweet:

Toyota Shares Trump Tweet

Other Japanese automakers fell in trading, with Honda Motor down 2.4% and Nissan Motor down 2.0%.

Spencer Fernando

Photo – Twitter