joe mcdonald

BEIJING | China suspends tariff hikes on $126B of US goods

BEIJING  — China announced a 90-day suspension on Friday of tariff hikes on $126 billion of U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth. The suspension is China’s first step in response to President Donald Trump‘s Dec. 1 agreement to suspend U.S. tariff … Continue reading BEIJING | China suspends tariff hikes on $126B of US goods

BEIJING | China and US discuss plans for trade talks

BEIJING— China’s economy czar and U.S. trade envoys discussed plans for talks on a tariff battle, the government said Tuesday, indicating that negotiations are going ahead despite tension over the arrest of a Chinese tech executive. Vice Premier Liu He talked by phone with Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer about … Continue reading BEIJING | China and US discuss plans for trade talks

BEIJING | China exports weaken ahead of US trade talks

BEIJING  — China’s export growth sank in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent over a year ago to $227.4 billion, a marked decline from the previous month’s 12.6 percent increase, customs data showed Saturday. Imports rose 3 percent to $182.7 billion, … Continue reading BEIJING | China exports weaken ahead of US trade talks

BEIJING | China demands Canada release executive of tech giant Huawei

BEIJING  — China on Thursday demanded that Canada release an executive of Chinese tech giant Huawei who was arrested in a case that compounds tensions with the U.S. and threatens to complicate trade talks. Meng Wanzhou, chief financial officer of Huawei Technologies Ltd., faces possible extradition to the United States, according to Canadian authorities. The … Continue reading BEIJING | China demands Canada release executive of tech giant Huawei

BEIJING | China promises prompt action on US trade pact

BEIJING — China’s government said Thursday it will promptly carry out a tariff cease-fire with Washington and is confident they can reach a trade agreement, suggesting Beijing wants to avoid disruptions due to the arrest of a tech executive. Talks during the 90 day period during which President Donald Trump has agreed to suspend U.S. … Continue reading BEIJING | China promises prompt action on US trade pact

BEIJING | Global shares slip on doubts over US-China trade deal

BEIJING — Global stock prices fell Wednesday, though not as much as Wall Street the day before, amid confusion about what the U.S. and China agreed to in a tariff cease-fire. KEEPING SCORE: In Europe, London’s FTSE 100 index fell 1.4 percent to close at 6,921.84 and German’s DAX lost 1.2 percent to 11,200.24. France’s … Continue reading BEIJING | Global shares slip on doubts over US-China trade deal

BEIJING | Global shares slide on doubts over US-China trade deal

BEIJING— Global stock prices fell Wednesday, though not as much as Wall Street the day before, amid confusion about what the U.S. and China agreed to in a tariff cease-fire. KEEPING SCORE: In Europe, London’s FTSE 100 index fell 1.0 percent to 6,950 and German’s DAX lost 0.8 percent to 11,240. France’s CAC 40 retreated … Continue reading BEIJING | Global shares slide on doubts over US-China trade deal

BEIJING | Global shares tumble after Wall Street sell-off

BEIJING— Global stock prices tumbled Wednesday after Wall Street plunged amid confusion about what Washington and Beijing agreed to in a tariff cease-fire. KEEPING SCORE: In early trading, London’s FTSE 100 index fell 1.3 percent to 6,932.04 and German’s DAX lost 1.1 percent to 11.207.49. France’s CAC 40 retreated 1.2 percent to 4,951.74. On Tuesday, … Continue reading BEIJING | Global shares tumble after Wall Street sell-off