President Trump faces potential restrictions on his ability to use section 232 trade investigations – we look at the impact on automakers state-by-state. The U.S. trade deficit continues to expand, led by China and the EU. A pay deal will avoid peak-season shipping strikes this year. Also: the Panama Canal’s record volumes mask problems beneath; Canadian trade activity continues to expand but U.S. relations may worsen; Brown Forman has boosted inventories to tackle EU whisky duties; Japanese pork faces a tough time in the U.S; the EU has confirmed its package of retaliatory duties; there...
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