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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCongress to Leave Trump's Deal With China's ZTE Untouched - Trump making China Great Again
U.S. lawmakers will allow President Donald Trumps deal with Chinas ZTE Corp. to remain in place, agreeing to a key Chinese demand in the broader trade dispute between the two largest economies, three sources familiar with the matter said.
Negotiators from the Senate and House of Representatives late Thursday agreed to abandon efforts to reinstate harsher sanctions against the Chinese telecommunications-equipment maker as part of the defense policy bill, the people said. Both chambers are expected to vote on the National Defense Authorization Act next week.
Draft language advanced in the House earlier this year focused on a procurement ban for ZTE products, whereas the Senate approved language that would reinstate the sales ban for U.S. companies to sell to ZTE. The White House strongly opposed any efforts by Congress to block its deal for ZTE to resume business.
The Trump administration in April announced a seven-year ban on U.S. exports to ZTE after it said the company violated sanctions agreements by selling American technology to Iran and North Korea. The move forced ZTE to announce it was shutting down.
Negotiators from the Senate and House of Representatives late Thursday agreed to abandon efforts to reinstate harsher sanctions against the Chinese telecommunications-equipment maker as part of the defense policy bill, the people said. Both chambers are expected to vote on the National Defense Authorization Act next week.
Draft language advanced in the House earlier this year focused on a procurement ban for ZTE products, whereas the Senate approved language that would reinstate the sales ban for U.S. companies to sell to ZTE. The White House strongly opposed any efforts by Congress to block its deal for ZTE to resume business.
The Trump administration in April announced a seven-year ban on U.S. exports to ZTE after it said the company violated sanctions agreements by selling American technology to Iran and North Korea. The move forced ZTE to announce it was shutting down.
https://www.bloomberg.com/news/articles/2018-07-20/congress-said-to-leave-trump-s-deal-with-china-s-zte-untouched
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Congress to Leave Trump's Deal With China's ZTE Untouched - Trump making China Great Again (Original Post)
spanone
Jul 2018
OP
VMA131Marine
(4,137 posts)1. I have a new nickname for congressional republicans - Spelunkers!
Because they are so good at caving!
duforsure
(11,885 posts)2. After trump family got a 500 million dollar loan from china
Wonder how much he had to pay off the republicans to allow this for ZTE to spy on us with?
Wellstone ruled
(34,661 posts)5. Looks like the new source of funding for the Mid terms
and the Rethugs.
GeorgeGist
(25,318 posts)3. This oughta please Mattis ...
NOT
atreides1
(16,071 posts)4. You mean "Lap Dog"?
He'll just find a rock to crawl under, like he did while Trump insulted our NATO allies, called the Eu "America's foes", and got a tonsillectomy from Putin while on his knees!
That Mattis???