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Trump’s Tariffs Leave Automakers With Tough, Expensive Choices

Automakers can respond to President Trump’s new 25 percent tariffs on imported cars and parts in several ways. But all of them cost money and will lead to higher car prices, analysts say. Manufacturers can try to move production from countries like Mexico to the United States. They can try to increase the number of […]

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British carmakers meet government on Trump tariffs

Faisal Islam & Tom Espiner Getty Images British carmakers will meet ministers on Friday morning to discuss their response to US President Donald Trump’s placing 25% tariffs on car imports from next week, the BBC understands. The UK government is trying to negotiate exemptions from a wide range of US import levies due to come […]

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Mining Company Seeks Trump Support to Shortcut Access to Seabed Metals

The long-running battle over whether to allow Pacific Ocean seabed mining took an unexpected turn Thursday when a company disclosed it had been confidentially negotiating a plan with the Trump administration to circumvent a United Nations treaty and perhaps obtain authorization from the United States to start mining in international waters. The proposal, which drew […]

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As music streaming subscriptions stall, are price rises inevitable?

Mark Savage Music Correspondent Getty Images Taylor Swift was the most-streamed artist in the world last year After years of explosive growth, the music streaming market in the UK is levelling out, new research suggests. Almost half the population, 32.4 million people, has now signed up to apps like Spotify and Apple Music, according to […]

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Xi Jinping Meets Global Business Leaders Amid Trade Tensions

Xi Jinping, China’s top leader, met with executives of Saudi Aramco, BMW, Toyota Motor, FedEx and dozens of other foreign companies at the Great Hall of the People in Beijing on Friday as China seeks to boost foreign investment amid worsening trade relations between China and the United States. It was the third time that […]

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Trump Auto Tariffs: How Major Car Brands Would Be Affected

The tariffs on cars and auto parts that President Trump announced on Wednesday will have far-reaching effects on automakers in the United States and abroad. But there will be important differences based on the circumstances of each company. Tesla The company run by Mr. Trump’s confidant, Elon Musk, makes the cars it sells in the […]

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Six Russians dead after tourist submarine sinks in Egypt

Six Russian tourists have died after a tourist submarine sank in the Red Sea near the Egyptian city of Hurghada. Thirty-nine other people were rescued after the vessel – the Sindbad – sank at about 10:00 local time (08:00 GMT), officials say. Nine are said to have been injured with four in critical condition. Two […]

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Panama approves embattled ex-President Martinelli’s passage to Nicaragua | Government News

Ricardo Martinelli has been convicted of money laundering in his native Panama and sentenced to 10 years in prison. Panama’s government has approved safe passage for embattled former President Ricardo Martinelli to leave the country for Nicaragua, after facing prison for money laundering. Foreign Affairs Minister Javier Martinez-Acha Vasquez announced on Thursday that Martinelli would […]

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Head of Amazon’s TV and Film Steps Down

Amazon’s longtime head of film and television, Jennifer Salke, is stepping down from her position after seven years on the job, the company said on Thursday, a sudden move that shakes up the top ranks of the streaming giant. Ms. Salke will move into a producing deal at Amazon and will not be replaced, Mike […]

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