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Donald Trump says he doesn’t expect tariffs on oil imports

Bloomberg President Donald Trump said he doesn’t think he’ll have to impose tariffs on imported oil to blunt the impact of a price war between Russia and Saudi Arabia, but held out the option to protect US oil producers. “I would use tariffs if I have to,” he said at a White House news conference, restating his position from an ...

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Covid-19: Solar industry sees demand plummeting

Bloomberg When the coronavirus hit China late last year, America’s solar industry immediately started worrying about manufacturing. Asia is the main source of panels and other equipment, and with residential installers anticipating a bumper year, a bottleneck in the supply chain could be a major hindrance. Turns out the industry’s biggest 2020 quandary is very different: dwindling demand. Many homeowners ...

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Europe’s virus spotlight moves to UK as Johnson hospitalised

Bloomberg Prime minister Boris Johnson was taken to the hospital for tests as he struggles to recover from coronavirus, dealing a serious blow to the UK as the country prepares for the worst of the crisis. Almost 5,000 people have died from Covid-19 in the UK so far and, according to government advisers and scientists, the peak of the outbreak ...

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