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

WASHINGTON — 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. But Mnuchin gave up no ground after a second meeting with his UK counterpart, Sajid Javid. Javid has insisted that Britain will proceed with a unilateral digital services tax, despite a U.S. threat to levy retaliatory tariffs on British-made autos. Mnuchin told reporters after Saturday's meeting that such taxes would discriminate against big U.S. tech companies like Alphabet Inc's Google, Apple, Facebook and Amazon. The UK Treasury declined to comment on the private meeting. The divide highlights the challenges ahead as the Trump administration seeks a new bilateral agreement with Britain, part of a broader push to rebalance relations with nearly all its major trading partners. The stakes are high — British Prime Minister Boris Johnson has pegged the trade deal with United States as a way to ease the pain of breaking with Europe, Britain's largest trade partner. U.S. President Donald Trump, has promised a "massive" trade deal to support Brexit, the product of a populist movement similar to his "America First" agenda. The goodwill and special relationship the two countries have enjoyed for decades may not count for much, experts say. "Trump is not going to be doing Johnson any favors," said Amanda Sloat, a senior fellow with the Brookings Institution in Washington. "He's not going to give him a trade deal without major concessions." Even before the digital tax issue arose, the Trump administration threatened to tax foreign car imports, which could hit British-made Jaguar, Land Rover, Mini, and Honda Civic hatchback cars. Stiff U.S. trade demands include increased access for U.S. farm goods, concessions that will be difficult for Britain's entrenched natural food culture to swallow. The United States also wants Britain to change the way its National Health Service prices drugs and allow in more U.S. pharmaceuticals, which could prove politically unpopular for Johnson's government. Washington's demand that London block Chinese telecoms equipment maker Huawei Technologies Co Ltd for national security reasons could also cloud talks.

Bentley Grand Convertible is grand, is a convertible

What you see above is the Bentley Grand Convertible, live from the Los Angeles Auto Show. It's basically a droptop version of the Mulsanne Speed, which would seem to be a foregone conclusion for production, but apparently isn't, according to Bentley Chairman and CEO, Wolfgang Dürheimer.
"We are eagerly awaiting the response of our customers to this car. We will ensure that this car - if it reaches the roads - will be a highly exclusive, extremely limited collector's piece."
With its production possibilities out of the way, and with the image gallery you see above proving that it is, indeed, a convertible, we can move on to what makes this Grand Convertible so grand. Equipped with the same 6.75-liter engine with 530 horsepower and 811 pound-feet of torque as its hardtop brethren, it certainly won't be lacking for power. The Grand Convertible has been "fashioned entirely by hand from the very finest materials," says Bentley, and the tonneau is made from the largest piece of wood veneer ever applied by the automaker.

All-electric Bentley 6e concept | Autoblog Minute

Bentley debuted the all-electric EXP 6e 12 Speed 6e Concept at the 2017 Geneva Motor Show. Bentley Autoblog Minute Videos Original Video