Joe McDonald, Author at Daily Hampshire Gazette - Page 2 of 3

FILE - In this March 5, 2019, file photo, cargo containers are staged near cranes at the Port of Tacoma, in Tacoma, Wash. China has announced tariff hikes on $60 billion of U.S. goods in retaliation for President Donald Trump's escalation of a fight over technology and other trade disputes. The Finance Ministry said Monday, May 13, the penalty duties of 5% to 25% on hundreds of U.S. products including batteries, spinach and coffee take effect June 1. (AP Photo/Ted S. Warren, File)

News

China retaliates on tariffs, sending stocks into slide

by Joe McDonald Associated Press, and Paul Wiseman Associated PressMay 13, 2019

A man looks at his smartphone near a display showing stock prices at a brokerage house in Shanghai Monday, May 6, 2019. China's benchmark Shanghai Composite index dives on U.S. President Donald Trump threat of more China tariffs. At right is a reflection off a display board. (AP Photo)

News

US to hike tariffs Friday, says China reneged on deals

by Paul Wiseman Associated Press, and Joe McDonald Associated PressMay 6, 2019

FILE - In this Dec. 11, 2018, file photo, a woman browses her smartphone as she walks by a Huawei store at a shopping mall in Beijing. China’s government has accused Washington of trying to block its industrial development after Vice President Mike Pence said Chinese tech giant Huawei and other telecom equipment suppliers are a security threat. (AP Photo/Andy Wong)

News

China accuses US of trying to block its tech development

by Joe McDonald Associated PressFebruary 18, 2019

FILE - In this Dec. 18, 2018, file photo, a worker holds a sign promoting a sale for Huawei 5G internet services at a mobile phone retail shop in Shenzhen in south China's Guangdong province. China has called on the United States to ‘stop the unreasonable crackdown’ on Huawei following the tech giant’s indictment on charges of stealing technology, violating trade sanctions and lying to banks. (AP Photo/Andy Wong, File)

China-US row over tech giant Huawei overshadows trade talks

by Kelvin Chan AP Business Writers, and Joe McDonald AP Business WritersJanuary 29, 2019

A woman walks by policemen stand guard outside the Canadian Embassy in Beijing, Friday, Dec. 14, 2018. Canada is being battered by diplomatic ill winds. First, President Donald Trump attacked Canada on trade. Then Saudi Arabia punished it for speaking up for human rights. Now China has the country in its cross-hairs, detaining two Canadians in apparent retaliation for the arrest of a top Chinese tech executive on behalf of the U.S. Canada's normally reliable ally to the south has left...

News

Detentions raise fears, cast doubt on China’s policies

by Paul Wiseman The Associated Press, Rob Gillies The Associated Press, and Joe McDonald The Associated PressDecember 14, 2018

FILE - In this Thursday, July 5, 2018, photo, a ship to shore crane prepares to load a 40-foot shipping container onto a container ship at the Port of Savannah in Savannah, Ga. After galloping along for the past two years, the global economy is showing signs of weakening, with the United States, China and Europe all facing the rising threat of a slowdown. Few economists foresee an outright global recession within the next year. But the synchronized growth that powered most major...

News

Threat of economic slowdown growing

by Josh Boak AP Business Writers, and Joe McDonald AP Business WritersNovember 21, 2018

In this Sept. 16, 2018, photo, American flags are displayed together with Chinese flags on top of a trishaw in Beijing. The American Chamber of Commerce in China says Beijing will "dig its heels in" after U.S. tariff hikes and appealed for a negotiated end to their trade battle. The chamber on Tuesday, Sept. 18 warned a "downward spiral" appears certain after President Donald Trump approved a tariff hike on $200 billion of Chinese imports in a dispute over Beijing's technology policy....

News

China unlikely to give in after US tariff hike

by Joe McDonald AP Business WriterSeptember 19, 2018

FILE - In this July 6, 2018, file photo, a container ship is docked at a port in Qingdao, in eastern China's Shandong Province. The Trump administration is proposing raising planned taxes on $200 billion in Chinese imports to 25 percent from 10 percent, turning up the pressure on Beijing in a trade war between the world's two biggest economies. (Chinatopix via AP, File)

News

China unveils tariff plans

by Joe McDonald AP Business WriterAugust 3, 2018

FILE - In this March 29, 2018, file photo, Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. Xi has promised to cut China's auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington, in a speech Tuesday, April 10, 2018 at a business conference. (AP Photo/Mark Schiefelbein, File)

News

China makes overture in trade spat

by Joe McDonald Associated Press, and Gillian Wong Associated PressApril 10, 2018

In this Sept. 20, 2017, photo, visitors look at airplane component parts on display at Aviation Expo China in Beijing. China On Wednesday, April 4, 2018 vowed to take measures of the "same strength" in response to a proposed U.S. tariff hike on 50 billion worth of Chinese goods in a spiraling dispute over technology policy that has fueled fears it might set back a global economic recovery. The Commerce Ministry said it would immediately challenge the U.S. move in the World Trade Organization.

News

China lists $50B of US goods it might hit with 25 pct tariff

by Joe McDonald AP Business WriterApril 4, 2018