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Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live

Most Asian stock markets rally on trade deal optimism, ahead of expected US interest rate cutAston Martin has slashed £300m from its investment plans after the British sportscar maker reported a bigger than expected loss in the third quarter because of Donald Trump’s tariffs and weak demand in China.The carmaker said on Wednesday that losses before tax were £112m in the third quarter of 2025, a ninefold increase from £12m a year earlier.This year has been marked by significant macroeconomic headwinds, particularly the sustained impact of US tariffs and weak demand in China.Work is under way to review our future product cycle plan with the aim of optimising costs and capital investment while continuing to deliver innovative, class-leading products to meet customer demands and regulatory requirements. Continue reading...


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