Stumbling and bumbling...ZTE saga continues

transporter

Well-Known Member
Thank goodness our incompetent and unqualified President is concerned about employment! Now if we could just get him to give more of a damn about US workers instead of Chinese workers....oh right China laid out the red carpet for Trump...and they gave his company $500M...so he has no incentive to do anything but rollover for the Chinese:


Donald Trump said he would let Chinese telecoms company ZTE “reopen” after paying a $1.3bn fine and meeting other conditions, despite intense criticism from Republicans and Democrats in Congress of the US president’s trade dealings with Beijing.


According to people briefed on the situation, Chinese officials have demanded a change in the ZTE punishment as a condition of engaging in broader trade talks. Those are due to resume in Beijing on June 2 when Commerce secretary Wilbur Ross leads a delegation to China to negotiate new Chinese purchases of US agricultural and energy exports

Our Great Negotiator gives away before getting a thing...man he REALLY drives a hard bargain!!

And, of course, he lied about the situation:


The accusation that the Obama administration did nothing over ZTE is at odds with the facts — the company was first prosecuted for violating sanctions by Obama officials. The Trump administration, in its third month in office in March 2017, announced a $1.2bn plea deal with ZTE based on years of work done by career officials at the Commerce department. When ZTE was caught violating the terms of that plea deal earlier this year, US authorities imposed the seven-year sourcing ban that had been suspended as part of the 2017 agreement.

https://www.ft.com/content/abc850f8-607f-11e8-9334-2218e7146b04
 

Kyle

ULTRA-F###ING-MAGA!
PREMO Member
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:yawn:
 
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