Trump tweets details on ZTE deal with China
Source: Axios
Axios 1 hour ago
In a Monday tweet, President Trump provided additional reasoning for his surprise announcement yesterday that he hoped to save failed Chinese phone maker ZTE with Chinese President Xi Jinping, suggesting it comes as part of a "larger trade deal."
Link to tweet
The big picture: The president's tweet confirms Axios' Jonathan Swan's reporting that Washington is considering a Mnuchin-led deal with Beijing that involves tariff concessions from the U.S. in exchange for the Chinese buying billions of dollars worth of U.S. products.
The backdrop: Trump's announcement yesterday seemingly contradicted his own administration's stance on Chinese trade as well as larger foreign policy issues, like Iran and North Korea. The Commerce Department's ban that killed ZTE was put in place due to the company's repeated violations of U.S. sanctions against Iran and North Korea. The Pentagon has also banned ZTE's phones from retail outlets on U.S. military bases due to concerns from intelligence agencies that the Chinese are using its devices to spy on Americans.
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Read more: https://www.axios.com/trump-tweets-china-zte-deal-details-trade-war-e8a612ad-e463-4409-9ae6-f459bfba00ce.html?utm_source=sidebar
Eliot Rosewater
(31,109 posts)beachbum bob
(10,437 posts)Initech
(100,061 posts)Just ask Carrier how well that went!
bhikkhu
(10,715 posts)Some connection there? The old British House of Cards comes to mind: "You might very well think that; I couldn't possibly comment".
Gothmog
(145,107 posts)truthisfreedom
(23,143 posts)Chairman Mao.
Alethia Merritt
(147 posts)Trump imposes tariffs on China, China imposes tariffs on US farmers, To get China to roll back tariffs on US farmers Trump uses taxpayer money to bail out or to lift sanctions against failing Chinese cell phone co. Trump waives tariffs on China, China rolls back tariffs to original levels on US farm goods. Trump claims win.
Eugene
(61,862 posts)SergeStorms
(19,192 posts)In my opinion that's the main reason for the ZTE bullshit. I'm sure they'll make sure comrade Trump gets the first new ZTE phone to roll of the assembly line. Solid gold case, jewel encrusted, with a secret listening device installed that the Chinese can use at all times. Trump wouldn't allow the Secret Service or CIA to forbid him to use it. It was made for HIM, and it's GOLD, so it HAS to be alright! Trump would give away the country's crown jewels (and already is) just so his ego can be stroked. The biggest fool on the planet.
BigmanPigman
(51,584 posts)Blue_Tires
(55,445 posts)KPN
(15,642 posts)take a genius to surmise that this goes far beyond corruption.