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Gothmog

(144,005 posts)
Mon May 14, 2018, 07:21 PM May 2018

Trump Explains That Lifting Sanctions on Huge Chinese Company Is OK Because It's Just a Personal Fav

Trump Explains That Lifting Sanctions on Huge Chinese Company Is OK Because It’s Just a Personal Favor for China’s President https://slate.com/news-and-politics/2018/05/trump-favor-for-iran-linked-chinese-company-is-just.html



The first claim in Trump’s statement—that ZTE buys parts from American companies—is true.

The second—that his concern about the sanctions on ZTE is related to wider trade talks with China—contradicts what his own commerce secretary said earlier Monday.

The third—which implies that smoothing out the personal vibes between Trump and a foreign leader is a valid goal of U.S. foreign and economic policy—is just weird, particularly given how often Trump has complained in the past about China’s leaders browbeating America’s into bad deals!
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Trump Explains That Lifting Sanctions on Huge Chinese Company Is OK Because It's Just a Personal Fav (Original Post) Gothmog May 2018 OP
Obviously rump will profit, personally, from this. Do we have the details as to how yet? Eliot Rosewater May 2018 #1
There is a candidate - Trump project in Indonesia muriel_volestrangler May 2018 #3
No deal Trump. ZTE has large cybersecurity issues. riversedge May 2018 #2
It looks like ZTE is about to get "The Art Of The Deal"'d. Initech May 2018 #4
Trump Orders Help For Chinese Phone-Maker After China Approves Money For Trump Project Gothmog May 2018 #5
Congressman Adam Schiff-Trump is being bribed by China Gothmog May 2018 #6
+1 dalton99a May 2018 #7
The level of corruption in this administration is beyond belief. smirkymonkey May 2018 #8
China gave Trump a list of crazy demands, and he caved to one of them Gothmog May 2018 #9

Initech

(99,915 posts)
4. It looks like ZTE is about to get "The Art Of The Deal"'d.
Mon May 14, 2018, 07:53 PM
May 2018

Don't fall for it! We all know how well it worked for Carrier!

Gothmog

(144,005 posts)
5. Trump Orders Help For Chinese Phone-Maker After China Approves Money For Trump Project
Tue May 15, 2018, 10:02 AM
May 2018

Trump is paying off China for support for one of his projects. Trump is corrupt as heck https://www.huffingtonpost.com/entry/trump-china-zte_us_5af9f701e4b0200bcab7fa66?ncid=tweetlnkushpmg00000016&section=politics

A mere 72 hours after the Chinese government agreed to put a half-billion dollars into an Indonesian project that will personally enrich Donald Trump, the president ordered a bailout for a Chinese-government-owned cellphone maker.

“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump announced on Twitter Sunday morning. “Too many jobs in China lost. Commerce Department has been instructed to get it done!”

Trump did not mention in that tweet or its follow-ups that on Thursday, the developer of a theme park resort outside of Jakarta had signed a deal to receive as much as $500 million in Chinese government loans, as well as another $500 million from Chinese banks. Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort, which includes a golf course and hotels.

Trump, despite his promises to do so during the campaign, has not divested himself of his businesses, and continues to profit from them.
 

smirkymonkey

(63,221 posts)
8. The level of corruption in this administration is beyond belief.
Tue May 15, 2018, 10:09 AM
May 2018

Trump and Co. are operating like a third-world dictatorship. There are no rules and no laws for them. How much longer are we going to put up with this?

Gothmog

(144,005 posts)
9. China gave Trump a list of crazy demands, and he caved to one of them
Tue May 15, 2018, 10:28 AM
May 2018

From the Washington Post https://www.washingtonpost.com/news/josh-rogin/wp/2018/05/15/china-gave-trump-a-list-of-crazy-demands-and-he-caved-to-one-of-them/?utm_term=.08521cca22b3

After top Trump officials went to Beijing last month, the Chinese government wrote up a document with a list of economic and trade demands that ranged from the reasonable to the ridiculous. On Sunday, President Trump caved to one of those demands before the next round of negotiations even starts, undermining his own objectives for no visible gain.

The Chinese proposal is entitled, “Framework Arrangement on Promoting Balanced Development on Bilateral Trade,” and I obtained an English version of the document, which is the Chinese government’s negotiating position heading into the next round of talks. That round begins this week when Xi Jinping’s special economic envoy Liu He returns to town.

Bullet point 5 is entitled, “Appropriately handing the ZTE case to secure global supply chain.”

“Having noted China’s great concern about the case of ZTE, the U.S. will listen attentively to ZTE’s plea, consider the progress and efforts ZTE has made in compliance management and announce adjustment to the export ban,” the document states.

Trump is a shitty negotiator
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