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Many US Fed members inclined against December cut: minutes
Many US Fed members inclined against December cut: minutes
by  AFP

Many US Federal Reserve officials were leaning against another rate cut in December, meeting minutes showed Wednesday, a move sure to infuriate President Donald Trump as he pushes for lower rates. According to the minutes released Wednesday, "participants expressed strongly differing views about what policy decision would most likely be appropriate" in December.

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.

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