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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump 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 Its Just a Personal Favor for Chinas President https://slate.com/news-and-politics/2018/05/trump-favor-for-iran-linked-chinese-company-is-just.html
Link to tweet
The first claim in Trumps statementthat ZTE buys parts from American companiesis true.
The secondthat his concern about the sanctions on ZTE is related to wider trade talks with Chinacontradicts what his own commerce secretary said earlier Monday.
The thirdwhich implies that smoothing out the personal vibes between Trump and a foreign leader is a valid goal of U.S. foreign and economic policyis just weird, particularly given how often Trump has complained in the past about Chinas leaders browbeating Americas into bad deals!
Eliot Rosewater
(31,097 posts)muriel_volestrangler
(101,159 posts)riversedge
(69,731 posts)Initech
(99,915 posts)Don't fall for it! We all know how well it worked for Carrier!
Gothmog
(144,005 posts)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§ion=politics
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. Trumps 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.
Gothmog
(144,005 posts)smirkymonkey
(63,221 posts)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)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
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 governments negotiating position heading into the next round of talks. That round begins this week when Xi Jinpings 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 Chinas great concern about the case of ZTE, the U.S. will listen attentively to ZTEs 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