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Good morning from the Financial Times.
Today is Tuesday, August 5th, and this is your FT News Briefing.
The tariff drama isn't done quite yet, and Deutsche Bank's CEO could be in hot water.
Plus, Australia sold one of its main shipping ports to a Chinese company.
Now the country wants it back.
I'm Mark Filippino, and here's the news you need to start your day.
U.S.
President Donald Trump wants to raise tariffs on India.
New Delhi failed to make a deal on lower levies with the White House last week.
Washington has threatened a 25% tariff on India
because its government has refused to buy less oil from Russia.
Moscow needs the revenue to finance its war in Ukraine.