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U.S. issues new tariff threat, this time against British-built cars

$11 billion in Jaguars, Land Rovers, Minis, Civic Hatchbacks, etc.

Britain is the United States' closest ally but their long friendship may be sorely tested as the two countries try to forge a new trade agreement after Britain's exit from the European Union. U.S. Treasury Secretary Steven Mnuchin said on Saturday in London that he was optimistic that a bilateral deal with Britain could be reached as soon as this year.

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