Video: Trump on Toyota’s Investment

This week, CNN’s Jake Tapper explains why President Donald Trump was wrong to take credit for Toyota’s plan to invest over $1 billion in its largest manufacturing plant in Kentucky.

Trump said, “Toyota just announced that it will invest more than $1.3 billion — it’s probably going to be $1.9 billion — into its Georgetown, Kentucky, plant, an investment that would not have been made if we didn’t win the election.” But Toyota spokesman Aaron Fowles told FactCheck.org in an interview that the investment “predates the Trump administration” and had been planned “several years ago.”

This is just the latest example of Trump claiming undeserved credit for company investments that were largely market-driven and that were in the works before he was elected.

The fact-checking video is based on our April 12 article “Trump Takes More Undue Credit.” See more of our collaborations with CNN’s “State of the Union” on our website.

The post Video: Trump on Toyota’s Investment appeared first on FactCheck.org.

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