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China announced a list of $60 billion worth of U.S. imports it plans to apply tariffs on should the Trump administration follow through with its latest trade threats.
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WASHINGTON — The U.S. trade deficit widened in June for the first time in four months as exports fell and imports grew. Politically sensitive trade gaps with China, Mexico and Canada increased.
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TOKYO — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Aug. 3 that its quarterly profit jumped 7.2% to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the United States and other overseas markets.
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Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
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