Bolsonaro Announcement Quickly Contradicted by Honda, L’Oréal, and MWM

Jair Bolsonaro said the three companies would relocate from Argentina to Brazil, but these companies denied it and the President deleted his post on social media.

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro published on Wednesday morning on social media that L'Oréal, Honda, and MWM, an engine factory, had announced the closure of plants in Argentina and their establishment in Brazil. The companies denied reallocating. The post was deleted a few hours later.

In the post, Bolsonaro grounded the companies' move on the alleged "investor confidence" in Brazil and said that the new production plants would bring . . .

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