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The proclamation delayed new tariffs on foreign vehicles by six months as negotiations continued.
According to the statement, Toyota owns 10 manufacturing plants in the United States, about 1,500 dealerships, a vast supply chain and directly and indirectly employs 475,000 US workers.
"Most Americans have a history of Toyota, and we are very proud of the fact that more than 36 million Toyota and Lexus vehicles are still on American roads, and our businesses and employees make a significant contribution to the American way of life, US economy and a threat to national security ".
In March, Jim Lentz, CEO of Toyota North America, warned that the Trump administration's threatened tariffs on foreign vehicles would make it difficult for the company to implement its plan to significantly increase investment in US plants in the US. over the next five years.
The Trump administration's proclamation Friday said that "excessive imports have weakened the ability of US producers to invest in research and develop new technologies."
The measure indicates that imports of foreign automobiles constitute a "threat to national security" and gives the US Trade Representative, Robert Lighthizer, 180 days to enter into agreements with importing countries.
– Katie Lobosco from CNN contributed to this report.
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