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Trump aide: No tariff exclusions for allies

Bloomberg The Trump administration shows scant sign of watering down its plan to impose stiff tariffs on steel and aluminum imports with carve-outs for specific countries, despite opposition from US allies and Republican lawmakers. The president’s trade advisers fanned out across television news shows to defend the move, saying it was necessary to ensure the survival of the domestic steel ...

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May warns developers on future house permits

Bloomberg Prime Minister Theresa May will urge developers to “do their duty” and build more UK houses, threatening that those who delay construction after winning planning permission will find it harder to get permits in the future. Conscious that the all-consuming Brexit project is defining her government, May is trying to address concerns about rising housing costs that led many ...

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Geneva cars showcase gets shadowed by trade war talk

Bloomberg The Geneva International Motor Show is known as a staging ground for the glitzy luxury models that swaddle the wealthy and deliver them in style. This year’s no exception, with a new version of the Bentley Bentayga SUV, Bugatti’s $2.6 million Chiron and the Ferrari special-edition 488 Pista among the cars that will jostle for photographers’ attention. But a ...

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