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Merkel woos China as Trump poses new trade challenge

China said on Thursday it would "open its door wider" to German businesses, giving a warm reception to visiting Chancellor Angela Merkel, who has wooed Beijing to counterbalance trade threats from U.S. President Donald Trump.

U.S. auto import probe fans tariff fears, riles Asia, Europe

A U.S. threat that it may introduce tariffs on foreign auto imports drew strong criticism on Thursday from the country's main business lobbying group, which warned of a "staggering" blow to the industry and the prospect of a global trade war.

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