Bloomberg The trade dispute between the US and China will continue for the foreseeable future and escalate, and is going to be painful for Americans, according to a former US trade negotiator. “For the foreseeable future, we’re going to be in a tariff world and we’ll see escalation,” said Asia Society Vice President Wendy Cutler, formerly a negotiator at the ...

Bloomberg A so-called Brexit without a trade deal between the UK and the European Union could cost the car industry and consumers at least $6.7 billion a year in vehicle tariffs, according to a report by a British industry group. The Society of Motor Manufacturers and Traders said the estimate is based on levies of 10 percent on cars exports ...

Bloomberg Tesla Inc. could raise funds as soon as this year as Elon Musk’s company ramps up production and prepares for maturing debt, analysts at Morgan Stanley predict. The company, whose stock has slumped 25 percent in the past six weeks amid a string of controversies, could raise $2.5 billion in equity in the fourth quarter from investors that have ...