Canada wants to conclude a free trade agreement with Southeast Asia as quickly as possible. The country wants to strengthen economic ties with other countries because of the American import tariffs. That said Canadian Foreign Minister Anita Anand on Thursday at a meeting of the Association of Southeast Asian Nations (ASEAN) in Kuala Lumpur. Like […]
The ACM, a regulatory authority, is warning sellers of electronics and white goods to better comply with product warranty rules. Customers are filing many complaints about this. The ACM will issue fines if there is no improvement in three months. The consumer watchdog does not name specific companies. The ACM receives thousands of complaints annually
E-bike store chain Welectric has been declared bankrupt. The stores in Amsterdam, The Hague, Weesp, and Bussum have been closed since last week. Welectric was founded in 2020 and sold e-bikes as well as fat bikes, electric cargo bikes, scooters, and small cars. These included brands such as Tenways, Phatfour, Lovens, Microlino and Cowboy. Customers
The American President Donald Trump has announced an import tariff of 50 percent on products from Brazil. It is one of the highest tariffs announced so far. They will take effect in August. For Brazil, this means a substantial tariff increase. After Trump’s announcements in April, the South American country assumed a “reciprocal” tariff of
The bitcoin price has reached a record high. The most traded cryptocurrency in the world was worth just over $112,000 (€95,431) around 10:00 PM on Wednesday. Bitcoins and other cryptocurrencies have been on the rise since the election of Donald Trump as the 47th president of the United States. He wants to relax the regulations
Donald Trump postponed the deadline for a trade agreement with the EU to August 1st on Tuesday. This is the second time the American president has come up with a levy pause. Readers wonder: does that postponement make sense? It is not at all surprising that there are no concrete agreements yet, says Luc Aben.
The Netherlands is doing well economically. But there are significant risks, such as the unbalanced housing market and capacity problems on the electricity grid. Many problems are interconnected. Climate measures could save the Netherlands billions in the long term. The Netherlands has withstood recent economic shocks thanks to “strong institutions, advanced infrastructure and a highly
Sales of Volkswagen in North America have fallen by 16 percent in the past three months. This is due to import duties imposed by President Donald Trump on European cars. On Monday, Mercedes-Benz already reported that sales in the United States have fallen by 9 percent. This means that two major German car manufacturers have
The British oil company BP has sold all of its Dutch gas and charging stations to industry peer Catom, owner of the OK brand. The sale is expected to be completed by the end of this year. Catom is taking over three hundred gas stations and fifteen charging stations. The more than one thousand Dutch
The Blokker store chain will open eight stores on Wednesday, after it recently also reopened twenty branches. The openings arrive more than half a year after the chain went on the bottle in November last year. The stores that open on Wednesday are in Assen, Heemskerk, Heerlen, Leiden, Son, Uden, Vleuten and Winterswijk. Last month