European Union concerned about 'collateral damage' from US-China spat - commissioner

Adjust Comment Print

Republican congressman Adam Kinzinger (Ill.) said he was "pretty concerned" and "blown away" by President Donald Trump's recent announcement that the US would help to revive Chinese phone company ZTE, in a move that seems like a stark departure from the president's usual "America First" rhetoric.

The company faced collapse as a result and Trump said Sunday he and Chinese President Xi Jinping were exploring ways to get the company "back into business fast."Commerce Secretary Wilbur Ross also said Monday the United States was looking at "alternative remedies" for the April sanctions". He called on United States officials to revisit American penalties for Chinese company ZTE for flouting sanctions on trade with Iran and North Korea.

Trump's public statements have muddled that message. "Stay tuned!" Trump tweeted on Tuesday.

ZTE was fined $1.2 billion in March 2017 but last month it was hit with a steeper sanction, prohibiting U.S. firms from supplying it with needed parts after the Commerce Department found the company had lied multiple times and failed to take actions against employees responsible for sanctions violations on Iran and North Korea.


"Nothing has happened with ZTE except as it pertains to the larger trade deal", Trump tweeted Wednesday, singling out The Washington Post and CNN for their coverage.

The moves against waste imports have thrown the American recycling industry into a tailspin as China was one of the most important destinations for U.S. trash.

Branstad also noted that China had not met pledges to open up its insurance and financial services area, as well as reduce auto tariffs, and that Trump would like to see a "dramatic increase" in food exports to China.

Republican U.S. Senator Marco Rubio has opposed any softening on ZTE. "Why are we helping them achieve this by making a awful deal on ZTE?" Sen.


"About to get out negotiated by #China again", Rubio tweeted Tuesday. Liu will also meet with Sen.

For years, both regions have accused Chinese producers of dumping unwanted metal overseas, hurting worldwide companies and adding to oversupply. "In my view, giving sanctions relief to ZTE is a big mistake".

"We increased the inspection ratio of American pork", China's Customs Bureau told news agency AFP on Wednesday, calling the practice "in line with global norms". The company's controlling shareholder is Shenzhen Zhongxingxin Telecommunications Equipment, a Chinese state-owned corporation. "He has my support", Kudlow said, adding that no agreement had been reached yet.

During an interview on CNN's "New Day" on Wednesday, the IL representative responded to Trump's tweets supporting the Chinese company amid speculation that the president is seeking a closer alliance with China for cooperation on North Korea and other foreign policy issues. They have been making hundreds of billions of dollars a year from the USA, for many years. China reciprocated by relaxing its previous opposition to US -based Qualcomm's proposed acquisition of semiconductor maker NXP, and by offering to lift its threat of tariffs on USA agricultural goods (which were provoked by Trump's tariff threats against China to begin with).


This week's meetings follow US-China trade talks in Beijing earlier this month where the two countries failed to reach an agreement on the long list of US demands.

Comments