Offline
In About-Face on Trade, Trump Vows to Protect ZTE Jobs in China
SHANGHAI — As China and the United States go toe-to-toe on trade and maneuver ahead of a historic North Korea meeting next month, an unlikely obstacle has emerged: a second-tier Chinese electronics maker, ZTE.
The company said last week that it had halted “major operating activities” after being penalized by the United States Department of Commerce. On Sunday morning, President Trump surprised many in Washington when he indicated a willingness to rethink the punishment. He also appeared to walk back from brinkmanship that has threatened the United States’ trade talks with China.
In a tweet, Mr. Trump said he was working with his Chinese counterpart, Xi Jinping, to prevent the collapse of the company, which employs 75,000 people.
Donald J. Trump ✔@realDonaldTrump
President Xi of China, and I, 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!
11:01 AM - May 13, 2018
Last edited by Goose (5/14/2018 4:54 am)
Offline
Making China Great Again ! LOL.
Offline
"Too many jobs in China lost.
Commerce Department has been instructed to get it done!"
Close your eyes for a moment.
Try to imagine the reaction of Fox, or Breibart, if a Democratic President ever expressed concern that a Chinese company was losing jobs, and instructed OUR Commerce Dept to help them.
Just imagine,,,,,,,
Offline
This whole deal smells fishy. Isn't this tied into some kind of $500,000,000 loan by China to Trump Corporation?
Offline
For whatever reason, President tough guy caved.
And the rest of the world is surely watching
Offline
With a loan from the Chinese government I think he's getting a theme park in Indonesia.