Toyota is an economic powerhouse in Alabama, promising yet more hundreds of millions in new investment. Donald Trump’s potential 25 percent tariff on foreign automobiles and auto parts pose a huge threat to Alabama’s auto industry if it isn’t resolved soon.
Toyota, Hyundai, Mazda and Mercedes-Benz – all with plants in Alabama — helped generate $747 million in state and local tax receipts, produced 968,982 vehicles within the state’s boundaries and supported more than 13,000 direct jobs.
Read the article at AI.com.