Administration of Donald J. Trump, 2025
October 28, 2025
The President. Well, thank you. And we just heard that Toyota is going to be contributing
$10 billion dollars building auto plants throughout the United States. And they are doing it, I think, because of the November 5 election and because of the tariffs, and I was just authorized to make that statement.
And we have another company that's going to be contributing at least $10 million, and I'll give you that name later, and we'll keep it a little—they wanted to do it very quietly, and that's okay with me. They could be quiet or not quiet. It's still about, I think, $18 million. So we're very close to that.
Secretary of Commerce Howard W. Lutnick. Five-eighteen. Now you're at five-eighteen.
The President. If you think about it. So thank you all very much. Great honor. You're great businesspeople, my friends. All—almost all of you are friends, and we appreciate it, and our country will not let you down.
You know, we hit a new high today in the stock market in history, and I think that we've hit 48 highs since I've been there. I've only been there 9 months, and we've hit 48 highs, so it's really great.
We—48 highs and we solved nine wars—no, eight wars, and another one coming. I think Russia-Ukraine is coming. I thought that was going to be the easy one. We did the Middle East, but we didn't do that, but we'll get it done. But it's really a very good feeling to do that.
But we really appreciate it. And you have great companies. You're phenomenal businesspeople—and beyond businesspeople, honestly. But thank you all very much. We appreciate it. We won't let you down. Thank you.
NOTE: The President spoke at 7:29 p.m. at the U.S. Ambassador's Residence. The transcript was released by the Office of Communications on November 8. Audio was not available for verification of the content of these remarks.
Categories: Addresses and Remarks : Business leaders, dinner with President in Tokyo, Japan. Locations: Tokyo, Japan.
Names: Lutnick, Howard W.
Subjects: 2024 Presidential election; Economic improvement; Gaza, conflict with Israel; Israel, military operations in Gaza; Japan, business leaders dinner in Tokyo; Russia, conflict in Ukraine; Secretary of Commerce; Tokyo, President Trump's visit; Ukraine, Russian invasion and airstrikes.
DCPD Number: DCPD202501067.