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

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 . . .

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