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U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5{48eaf57cece61b89b764c66a9364c9843be3a168684ad12e8c9d981f9e45ffd4} duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world\'s two largest economies.\n \n
China will impose an extra 5{48eaf57cece61b89b764c66a9364c9843be3a168684ad12e8c9d981f9e45ffd4} tariff on imports of copper scrap and aluminum scrap from the United States from Dec. 15, according to a list of retaliatory tariffs published by the Ministry of Finance late on Friday.\n \n
China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4{48eaf57cece61b89b764c66a9364c9843be3a168684ad12e8c9d981f9e45ffd4} to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.\n \n
The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday.\n \n
The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its recent broad use of waivers for small refineries, but is not planning to rescind any of the exemptions it has granted so far, four sources familiar with the matter said.\n \n
Amazon.com Inc\'s Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to block a planned rollout of a feature called \'Audible Captions\' that shows the text on screen as a book is narrated.\n \n
President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products in the United States instead, sending U.S. markets down sharply in a new rhetorical strike at Beijing as trade tensions mounted.\n \n
Qualcomm Inc won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought by the U.S. Federal Trade Commission (FTC), according to a court filing on Friday.\n \n
The United States and Japan have reached the broad framework of a trade agreement, Japan\'s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles.\n \n
The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on U.S. beef and pork, Japan\'s Nikkei business daily said on Saturday.\n \n

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