[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Bruce & Nellie Ohr. 302s, Fusion GPS-Simpson, Christopher Steele

Satanic Temple statue unveiled at the Arkansas State Capitol

40 ESPN president Jimmy Pitaro: Network won't show national anthem on 'Monday Night Football'

Afghanistan Has Become Trump’s ‘Failed Narco State’

476 Made Sick From Eating McDonald's Salads - Drinking Lemomade From Kids' Stands, Zero

Steve Martin Stays Away from Trump Jokes for a Reason: ‘We’re Not Here To Preach’

Seymour Hersh and the Disappearing Iconoclast He won a Pulitzer for My Lai and cracked Abu Ghraib wide open. But this reporter is still a lonely breed.

Trump's military parade has been delayed to at least 2019

2015 United Nations Paper Proposed Government Licensing To “Supervise Content” Online

Los Angeles Is First In US To Install Intrusive Subway Security - All Riders Will 'Volunteer'

Syria - Pentagon Plants High ISIS Numbers To Justify Occupation

A California cop feared for his life when a child's dog came to the door, so he opened fire and his bullet hit an 11-year-old boy.

Friday News

BREAKING: Bruce Ohr Texts, Emails Reveal Steele’s Deep Ties to Obama DOJ, FBI

Bleeding-Heart Liberals Bike Through Tajikistan to Prove “Evil Is a Make-Believe Concept” — Are Stabbed Dead By ISIS

Aretha Franklin, the legendary Queen of Soul, is dead at 76

Psychedelics Are Showing Real Promise for Treating Mental Disorders

The Internet Is Crowdfunding the Release of 4,358 Secret CIA Mind Control Documents

Report Shows FDA Manipulating and Ignoring Science on Kratom

Facebook Bans Infowars As Rapper Who Posted Child Porn to Instagram Keeps His Account

Deaf 76-year-old Woman Knocked Unconscious and Arrested Over Alleged Jaywalking

Nancy Pelosi: Maxine Waters ‘Strikes Fear in the Heart’ of Trump

The 73rd Anniversary of the Bombing of Nagasaki (Unwelcome Truths for Church and State)

These TSA Reject Dogs Are Too Good for the Government Anyway

"Rock & Roll Judges"

No, Pope Francis Is Not Changing the Lord's Prayer

Colorado Is Going After Jack Phillips of Masterpiece Cakeshop Again

Arizona father beats, kills man who followed his daughter into bathroom stall, police say

Cubans cheer as internet goes nationwide for a day

Two (or Three) Kinds of Honesty - Trump is hyper-intensely himself.

Investigative Journalist Found Dead in D.C. Hotel Room Weeks After Reporting Bill Clinton to FBI & DHS for Allegedly Raping Boy

Cops Raid Wrong Home, Hold 9-year-old and 6-year-old Boys at Gunpoint

The Coordinated 'War of Words' Against Trump [Democrat-Owned Media Cartel Admit Collusion Against Trump]

Chelsea Clinton Claims Aborting 60 Million Babies Since Roe “Added $3.5 Trillion to Our Economy”

87-year-old Great-Grandmother Tasered in Her Breast by Police While Cutting Dandelions with a Knife

Technocrats Rule: Democracy Is OK as Long as the People Rubberstamp Our Leadership

Somerville’s mayor says he won’t drink Sam Adams anymore after Jim Koch thanked Trump for a tax break

Judge Releases Suspects Accused of Abusing and Training Children to Carry Out School Shootings

Hillary a better President than Trump - Would have been Impeached, Removed, and Jailed by now

SWEDEN IS BURNING: MIGRANT GANGS UNLEASH COORDINATED FIRE-BOMB RAMPAGE ACROSS MULTIPLE CITIES

Trump vs. His Own Administration?

Oklahoma Police Sued for Wrongfully Subjecting Reserve Police Officer to Warrantless Search, Seizure of Lawful Firearms & Prescription Meds

From Boston to Ferguson to Charlottesville: The Evolution of a Police State Lockdown

Capitalism Is Being Rejected by Young Americans in Huge Numbers

April Ryan Calls Omarosa ‘Evil’ and a ‘Liar’

Woman Calls Cops on State Senator for Being Anti-Trump

Trump Signs $82 Billion Spending Boost for Pentagon

Michael Drejka, Who Supposedly Could Not Be Arrested for Killing Markeis McGlockton, Is Charged With Manslaughter

Remembering Darryl Stingley: The Player, The Hit, The Man

FBI fires Peter Strzok over anti-Trump texts


Status: Not Logged In; Sign In

International News
See other International News Articles

Title: Trump Is Trying to Save Jobs—in China
Source: TruthDig/Associated Press
URL Source: https://www.truthdig.com/articles/t ... -trying-to-save-jobs-in-china/
Published: May 13, 2018
Author: Associated Press
Post Date: 2018-05-14 16:05:10 by Deckard
Keywords: None
Views: 77
Comments: 2

WASHINGTON—President Donald Trump said Sunday he has instructed his Commerce Department to help get a Chinese telecommunications company “back into business” after the U.S. government cut off access to its American suppliers.

Alternate text if image doesn't load

At issue is that department’s move last month to block the ZTE Corp., a major supplier of telecoms networks and smartphones based in southern China, from importing American components for seven years. The U.S. accused ZTE of misleading American regulators after it settled charges of violating sanctions against North Korea and Iran.

ZTE, which has more than 70,000 employees and has supplied networks or equipment to some of the world’s biggest telecommunications companies, said in early May that it had halted its main operations as a result of the department’s “denial order.”

Trump, who has taken a hard line on trade and technology issues with Beijing, tweeted on Sunday that he and Chinese leader Xi Jinping “are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done!”

In a separate tweet, the president said the two economic giants were “working well together on trade, but past negotiations have been so one sided in favor of China, for so many years, that it is hard for them to make a deal that benefits both countries. But be cool, it will all work out!”

ZTE has asked the department to suspend the seven-year ban on doing business with U.S. technology exporters. By cutting off access to U.S. suppliers of essential components such as microchips, the ban threatens ZTE’s existence, the company has said.

The U.S. imposed the penalty after discovering that Shenzhen-based ZTE, which had paid a $1.2 billion fine in the case, had failed to discipline employees involved and paid them bonuses instead.

ZTE’s case dates to before Trump took office in January 2007 but the Commerce Department’s decision came amid worsening trade tensions between the U.S. and China centered on technology-related intellectual property.

Just ahead of trade talks earlier this month, the Trump administration handed China a list of hard-line demands that trade experts said could make it even more difficult to resolve the disputes between the world’s two largest economies.

At the trade meetings in Beijing, Chinese officials said they raised their objections to ZTE’s punishment with the American delegation, which they said agreed to report them to Trump.

“A reversal of the ZTE decision could temporarily tamp down trade tensions by allowing the Chinese to make concessions to the U.S. without losing face,” said Eswar Prasad, a professor of trade policy at Cornell University. “Trump may have recognized that backing off on ZTE clears the path for him to claim at least a partial victory in the US-China trade dispute based on the concessions the Chinese seem prepared to offer.”

Trump is seeking to cut the chronic U.S. trade deficit by $100 billion and gain concessions over the policies that foreign companies say force them to share technology in order to gain market access.


Poster Comment:

MCGA - Make China Great Again.

When are you Trump cultists going to wake the hell up? (1 image)

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: All (#0)

Alternate text if image doesn't load

Alternate text if image doesn't load

“Truth is treason in the empire of lies.” - Ron Paul

Those who most loudly denounce Fake News are typically those most aggressively disseminating it.

Deckard  posted on  2018-05-14   16:11:40 ET  (2 images) Reply   Trace   Private Reply  


#2. To: Deckard (#0)

MCGA - Make China Great Again.

Face it: The Donald can make anything great again.

Tooconservative  posted on  2018-05-14   16:29:02 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com