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US proposes requiring automatic emergency braking in new vehicles

WASHINGTON (Reuters) -The Biden administration on Wednesday proposed requiring automatic emergency braking (AEB) on all new passenger cars and light trucks and set new performance requirements, one of the most significant safety regulations proposed in recent years.

China urges Japan to halt export restrictions on chips

Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a "wrongdoing" that "seriously violated" international economic and trade rules, a statement from his ministry said on Monday.

Washington and Tokyo vow closer chip cooperation

TOKYO (Reuters) -The United States and Japan will deepen cooperation in the research and development of advanced chips and other technologies, they said on Friday, the latest sign of the two allies strengthening ties in semiconductors.

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US debt ceiling bill set for tight vote in House on Wednesday

WASHINGTON (Reuters) -The U.S. House of Representatives is due to vote on Wednesday on a bill to lift the government's $31.4 trillion debt ceiling, a critical step to avoid a destabilizing default that could come early next week without congressional action.