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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 targeting Range Rover with 12-cylinder SUV

The eventual arrival of Bentley's upcoming SUV in 2016 will likely prove the most pivotal new product to come from Crewe since the debut of the Continental GT in 2003. And Bentley isn't messing around.
The British automaker is taking aim directly at the Range Rover, saying that it will be just as capable off-road. That's a mighty big claim for a company that has never made an off-roader before, but comes with good reason: Bentley estimates that nearly 30 percent of its customers have a Range Rover as well, and the company is keen to take a slice of that pie.
There are, however, several elements that will elevate the Bentley Falcon (as it's expected to be called) above Range Rover territory. For starters, according to Automotive News Europe, which spoke to Bentley marketing chief Kevin Rose at the Frankfurt show, the Falcon will be more expensive. The sticker price in Europe is expected to hover around 180,000 euros - double the flagship Range Rover's starting price. It'll also be available with four-, five- and seven-seat configurations. And it'll offer more power. A lot more power.

2021 Bentley Bentayga Speed previewed in official photos ahead of debut

The Bentley Bentayga Speed is about to be revealed (again), but this time it’ll be sporting all the upgrades applied to the 2021 model year Bentayga. Bentley provided us with a few official preview images of the SUV in camouflage ahead of its unveiling next Tuesday evening. You can check the three photos out in the gallery above. Differences between the upcoming Speed and regular Bentayga are plenty noticeable if you direct your attention to the rear of the vehicle. ItÂ’s sporting an aggressive, winged spoiler atop the roof that produces more downforce than the standard BentaygaÂ’s spoiler. Additionally, this model gets a unique quad-tipped exhaust design and rear diffuser. The front bumper is subtly changed to be a bit more pointy and threatening, but you need to look closer to see the differences here. The biggest change of all will be under the hood. This Bentayga will be rocking the uprated W12 engine that makes 626 horsepower and 664 pound-feet of torque. Since it was just released a little over a year ago, we donÂ’t expect the powertrain to be going through any major revisions. ItÂ’ll likely retain its crown as the “worldÂ’s fastest SUV” with a 190-mph top speed. ItÂ’s 0.5 mph faster than a Lamborghini Urus, so we considered them even. Maybe Bentley has gained something aero-wise with the revisions — weÂ’ll have to wait for the reveal to know. The 0-60 mph time of 3.9 seconds will likely remain unchanged, though. Expect all of the extra niceties announced for the standard Bentayga V8 to be making their way to the Speed, too. You can read our in-depth reveal post for all the details there. Watch out for the revised Speed to make its debut next week. Related video: