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DonViejo

(60,536 posts)
Mon May 14, 2018, 06:04 PM May 2018

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."




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
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bhikkhu

(10,715 posts)
4. Meanwhile, China contributes $500 million to Trump resort project in Indonesia
Mon May 14, 2018, 07:25 PM
May 2018
https://www.nationalreview.com/news/china-contributing-500-million-trump-linked-project-indonesia/

Some connection there? The old British House of Cards comes to mind: "You might very well think that; I couldn't possibly comment".

Alethia Merritt

(147 posts)
7. What am I missing here. Please help.
Mon May 14, 2018, 09:05 PM
May 2018

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.

SergeStorms

(19,192 posts)
10. Can't forget about that.
Mon May 14, 2018, 09:45 PM
May 2018

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.

KPN

(15,642 posts)
12. Where the fuck are the Republicans on this? Are they all traitorous bastards? It doesn't
Tue May 15, 2018, 11:14 AM
May 2018

take a genius to surmise that this goes far beyond corruption.

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