Bloomberg America’s closest allies plan to slap billions of dollars in tit-for-tat tariffs on US goods after the Trump administration announced it’s imposing steel and aluminum duties on them. The reaction was swift after Commerce Secretary Wilbur Ross announced the US will levy new metals duties on imports from the European Union, Mexico and Canada on national security grounds, ending ...

Bloomberg Fiat Chrysler Automobiles NV plans to form its own financing business in the US and has started discussions with partner Santander Consumer USA Holdings Inc., which it has an option to buy out. That would allow Fiat Chrysler to “participate more fully in capturing value from emerging platforms,” Chief Financial Officer Richard Palmer said in a presentation near Turin, ...

Bloomberg British consumers are worried about prospects for the economy with Brexit on the horizon, and that could spark a shift in behaviour that drags even more on growth. Households have driven expansion for more than a year, but only because they saved less to keep up spending during 2017’s inflation surge. They may be less willing to do so ...