World Business Report

Trump announces tax on imported cars

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Sinopsis

President Trump has announced a 25% import tax on cars and car parts coming into US. The president said the measure would lead to "tremendous growth" for the industry. China has reportedly ordered state-owned firms to pause new deals with businesses linked to Hong Kong billionaire Li Ka-shing, following his announcement that he plans to sell two ports in the Panama Canal to a US consortium And the Elizabeth Line in London will soon be operated by Japan's Tokyo Metro company. The BBC’s Mariko Oi speaks to their CEO

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