White House's Kudlow: Not certain what U.S. will do on China's ZTE

17 May, 2018, 07:02 | Author: Myra Gill
  • How Trump's ZTE deal could undercut his foreign policy

Vice Premier Liu He, President Xi Jinping's top economic adviser, and central bank chief Yi Gang arrived in the USA capital on Tuesday for a new round of talks aimed at heading off a trade war.

Trump's backpedaling on Wednesday followed days of criticism from lawmakers on both sides of the aisle.

"Offering to trade American sanctions enforcement to promote jobs in China is plainly a bad deal for American workers and for the security of all Americans", wrote the senators, led by the Senate Democratic leader, Chuck Schumer.

Navarro, author of the book "Death by China", has been the loudest "nationalist" voice on trade policy in the administration and a major advocate for punitive tariffs on Chinese goods to try to force Beijing to change its trade practices. Marco Rubio, R-Florida, tweeted Tuesday. "Apparently "deal" is we lift sanctions imposed on ZTE for helping Iran & N.Korea & they can resume spying & stealing our intellectual property".

Liu, who is China's top economic official, told US lawmakers on Wednesday that he would work hard to address the U.S.

Last month, the US Commerce Department blocked American firms from selling parts or providing services to the Chinese company, which makes smartphones and other telecommunications equipment.

Trump's "comments about ZTE sound an alarm bell for counterintelligence, cyber security, & red, white and blue jobs", Wyden tweeted Tuesday.

But Kinzinger stressed that China poses a significant threat to USA intellectual property. "In my view, giving sanctions relief to ZTE is a big mistake".

Uncertainty over relations between the US and China has roiled financial markets and raised concerns among businesses anxious about a trade war. "What's important is whether a giant Chinese state-owned enterprise gets away with breaking American law".

Trump has directed Commerce Secretary Wilbur Ross to review "remedies" for ZTE, Kudlow said.

On Monday, Trump tweeted that his decision to support ZTE is part of trade negotiations with China and stems from his "personal relationship with President Xi". Navarro's shift away from a lead role in the talks comes amid a growing rift over trade policy with Mnuchin, who has favored more achievable deals to open China's economy to USA firms and ease tariff threats.

Trump tweeted his support for ZTE earlier this week, putting the president at odds with the Commerce Department and its decision to impose trade restrictions on the company amid allegations it violated USA sanctions. They have been making hundreds of billions of dollars a year from the U.S., for many years.

"In the first four months of the year, major auto ports in China detected a total of 652 batches of cars from the U.S. - totaling 4,360 vehicles worth $312.5 million - that were not up to standard", the customs administration told AFP, adding that this was "a relatively quick pace of growth". China has seen our demands.



The great internet debate: Yanny or Laurel
But he said it was also more hard to determine the word in this particular recording because it is "not real speech". To cut right to the chase, here's the recording, as shared on Twitter by influencer and designer Cloe Feldman .

Russian Federation used the NRA to influence the USA election, Senate Democrats believe
Trump has taken umbrage at the intelligence community's determination that the Kremlin favored his candidacy over Clinton's. Mr Trump did not make it to Mr Agalarov's party in Moscow.

Pires think Vieira 'ready to manage' Arsenal
Arsenal failed to compete for the Premier League title and eventually dropped out of the top four, sparking massive fan unrest. Speaking to Arsenal's website , Wenger confirmed he will likely manager overseas next.

Ramadan Starts on May 17th in Most Muslim Nations
The Iftar is the meal served at the end of the day during Ramadan , to break the day's fast. In essence, it is a period of spiritual growth attained through prayer and self-control.

Airbus ruling may strain trade ties with Europe
It is anticipated that US tariffs will be authorized up to the amount of annual harm the subsidies are determined to cause. Boeing claims that the EU provided the European aerospace giant more than $22 billion in illegal subsidies .

Robinson Cano Gets 80-Game Suspension After Positive Test for Banned Substance
He is making $24 million this season, so the expected almost 50 percent of his 2018 pay is now going away with the suspension. Gordon was a Gold Glove victor at the position in Miami, but made the switch to center field after being traded to Seattle.

Police probe whether Autopilot feature was on in Tesla crash
The National Transport Safety Board is already investigating two fatal incidents involving Tesla vehicles. The driver of the fire truck was evaluated for whiplash but was not checked into the hospital.

Simpson cruises to four-stroke victory at Players Championship
On Saturday, Simpson added to his lead by posting a 68, leaving him with a seven-shot edge over Lee heading into the final round. For the second consecutive day, Woods allowed what could have been a spectacular round to fall short of what it might have been.

5-year-old Colorado girl attacked, severely injured by black bear
The incident happened in east Orchard Mesa, which is just south of Grand Junction on the other side of the Colorado River. Experts say that once a bear discovers a way to get food on a person's property, they will remember and keep coming back.

AFGHANISTAN: Government building attacked in Jalalabad, 12 dead
Some areas of the province are a stronghold of the Islamic State group but Taliban fighters are also active there. My friends ran to hide and I jumped from a window. "Some of my friends are still stuck there".