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Russia and Japan have warned they could retaliate against U.S. tariffs on steel and aluminium by imposing sanctions worth almost $1 billion combined.
The European Union scrambled to come up with a strategy to avoid American tariffs on foreign steel and aluminum, signaling a readiness to accept American import quotas and to slash some EU duties in return for a permanent waiver.
Tesla CEO Elon Musk admitted there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports, and said it can be fixed with a firmware update.
Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.
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