Toyota is supporting LG battery plant with $1.5 billion order ...Middle East

Toyota is supporting a US LG battery plant with a $1.5 billion order according to Bloomberg.

Countries can avoid tariffs by reducing tariffs or producing good within the US border. Buying LG batteries within the US borders (instead of sourcing them from outside the US), may be a third way to gain favor.

This article was written by Greg Michalowski at www.forexlive.com.

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