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Live, rolling coverage of business, economics and financial markets as US electric carmaker says report board is looking for next Tesla boss is ‘absolutely false’China would be open to talks on tariffs with the US after the White House approached it, according to Chinese state media on social media.Yuyuan Tantian, an account affiliated to CCTV, a state broadcaster, said there was “no harm” to China engaging with the US, according to a post on Chinese social network Weibo. It cited anonymous sources, saying:The US has proactively reached out to China through multiple channels, hoping to hold discussions on the tariff issue.Yuyuan Tantian is not among China’s most authoritative state media outlets. The Global Times, which is owned by the newspaper of the governing Communist Party, People’s Daily, has often been first to report China’s next steps in trade disagreements over the past few years.Guo Jiakun, a spokesperson for China’s foreign ministry, on Wednesday said: “as far as I know, there have been no consultations or negotiations between China and the U.S. on tariffs”.I firmly believe in the vital function energy companies play in driving change and creating value. On both sides of the Atlantic National Grid has an essential role to play in making energy secure, affordable and reliable for our customers and communities. I’m excited about leading National Grid as it delivers on the growth opportunities ahead. Continue reading...