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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.

This three-cylinder Honda is faster than a Bugatti Veyron

Honda's S660 roadster, a tiny Japanese sports car that makes a Mazda MX-5 Miata look large, is powered by a three-cylinder engine that puts out 63 horsepower. As you might imagine, it's not very fast. Stick that engine into a vehicle that closely resembles the HondaJet, though, and it sets a new FIA class record of 261.875 miles per hour at the Bonneville Salt Flats. While the S-Dream Streamliner's three-cylinder, 600-cc engine is similar to the one found in the S660, it has been heavily modified to produce what Honda claims is three times the original amount of power. A Veyron-beating top speed from roughly 190 hp is still plenty impressive. The record car topped out at 266 mph at one point, but it didn't match that speed on the return run. The team of 16 Japanese Honda engineers, who were chosen from a pool of 100 volunteers, set a new FIA World Record for a vehicle in the class – Category-A Group-1 Class-4 – and even bested Honda's previous land speed record at Bonneville, set by the Honda Racing F1 team in 2006. The V10-powered F1 car averaged 248.548 mph. The aerodynamic vehicle was piloted by Japanese motorcycle rider Hikaru Miyagi, who can now claim having driven the fastest Honda car ever. The company still has some way to go, though, before one of its land vehicles surpasses the HondaJet, which can travel at approximately 485 mph. Related Video: Featured Gallery Honda S-Dream Streamliner News Source: HondaImage Credit: Honda Honda Lightweight Vehicles Racing Vehicles Special and Limited Editions fia world record bonneville salt flats honda s660

Gladiators, Pilots, and Palisades, plus a couple boring crossovers | Autoblog Podcast #562

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski. The duo discuss the leaked Jeep Gladiator, Ford's Baby Bronco, the Aston Martin DBX, and then touch on other reborn names like the Honda Pilot. They also discuss how boring crossovers have taken over as the family car of choice in the United States and debate the merits of turbocharged V6 engines versus the classic American V8. Finally, we spend your money.Autoblog Podcast #562 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Jeep Gladiator leaked Hyundai Palisade and Honda Pilot teased Aston Martin DBX Ford Baby Bronco leaked Boring crossovers Ford F-150 2.7-liter EcoBoost Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Podcasts LA Auto Show Aston Martin Ford GMC Honda Hyundai Jeep Truck Crossover SUV honda pilot jeep gladiator aston martin dbx hyundai palisade ford baby bronco