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Trump says China wants trade deal, U.S. may not impose more tariffs

U.S. President Donald Trump said on Friday that China had sent a list of things it was willing to do to resolve trade tensions with the United States and his administration may not have to impose further tariffs, but he added the situation was still not acceptable to him.

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VW embarks on $50 billion electrification plan

Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.

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