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China, Netherlands move to resolve Nexperia chip row
China, Netherlands move to resolve Nexperia chip row
by  AFP

The Netherlands said Wednesday it had suspended its proposed takeover of Chinese-owned chip maker Nexperia in a sign of "good will", a move China welcomed as a positive "first step". "We see this as a show of good will," he said of his move to suspend the takeover, vowing to continue talking to Chinese officials.

Trump tariff hikes hit US August imports, delayed data shows
Trump tariff hikes hit US August imports, delayed data shows
by  AFP

President Donald Trump's tariff hikes on dozens of trading partners hit US imports in August, according to a Wednesday report delayed by a record government shutdown that ended last week. Trade flows have been heavily swayed this year by President Donald Trump's fast-changing tariff policies, with importers rushing to stock up on inventory ahead of planned hikes in duties.

With Shein, Temu rising, EU to overhaul consumer protection rules
With Shein, Temu rising, EU to overhaul consumer protection rules
by  AFP

Faced with the explosive growth of online shopping platforms like Shein and Temu, the EU executive said on Wednesday it was time to reform consumer protection rules to match the new reality in e-commerce. "We must ensure that EU consumer law continues to provide strong protection, safeguarding consumer autonomy and freedom of choice," EU commissioner Michael McGrath said.

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