No way, your car is way too old to be affected by anything related to these recent problems toyota is having.
At the age of your car, it could be many simple things wrong. A leaking power steering pump hose (i just had one replaced on my car recently) a leaking power steering pump, just too many things to list. Good thing is though, if you are mechanically inclined or have a friend who is this kind of thing can be easily fixed on older cars such as yours.
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