Trump and Xi Move To Resolve Shutdown of ZTE Corp

President Donald Trump speaks during the 37th annual National Peace Officers Memorial Service on Capitol Hill Tuesday

Relations between the U.S. and China have become increasingly fractious with regard to trade. As a result, last month, after the Commerce Department ordered USA companies to stop selling components to ZTE, the company was forced to put all production activities on hold.

Himes says he suspects the deal could be driven by the need to work with the Chinese as the US navigates upcoming negotiations with North Korea.

Ross said that, while he expected Chinese officials would bring up the issue this week, "our position has been that that's an enforcement action separate from trade". "They've admitted to that". "The question is if there are alternative remedies other than the one we've already put forward".

"We're still very far apart", he said. He did not say what other options were being discussed. Given past vows to stop the flow of U.S.jobs to China and what he's called unfair trade practices, Trump's seeming concern about Chinese jobs was something of a backflip.

China's government has pressed the Trump administration in recent trade talks to lift the sanctions and the president voiced sympathy for ZTE in a tweet Sunday. They include the National Association of Manufacturers, Farmers for Free Trade to the U.S. Fashion Industry Association and ITI, which represents the technology industry.

"What about jobs in America, Mr. President?"

Another Republican, Senator John Kennedy, defended Trump, saying the president's approach is part of a larger set of negotiations with China. "The Chinese are playing chess with Deep Blue, and President Trump is playing tic tac toe", says Scott Mulhauser, former chief of staff at the U.S. Embassy in Beijing.

Against the backdrop of a stand-off between the two countries on the ZTE embargo issue, the President's changed stance on Sunday has caught all economic advisors in the United States administration by unaware.

ZTE had earlier this month requested that the United States lift the seven year ban on U.S. companies supplying it with software and components. It was also a campaign promise of Trump's, one that he began to fulfill in December when he formally recognized the city as the capital of Israel. Whether or not the President understands this, he can't deny the fact that the trade deficit has risen steadily since he assumed office, and this has made him frantic to settle for whatever enables him to appear to be fighting a domineering trade war, while avoiding the costs of the real thing.

Sen. Marco Rubio (R., Fla.) criticized the plan to ease sanctions on ZTE and said the company has benefited from the theft of American technology.

"I've never seen a president step in and reverse an agency decision like this".

"The United States and China are the two biggest economies in the world". US companies that export to China have had goods held up in China's ports.

This week's meetings follow U.S. This sometimes leads to glaring contradictions, like an announcement to end a suspension of economic sanctions on Iran on May 8th, while announcing five days later, with his comments on ZTE, that the USA government would only enforce those sanctions selectively.

The first round of trade talks between China and the USA took place in Beijing on May 3 to 4. ZTE has asked the department to suspend the seven-year ban on doing business with USA exporters.

It relies on U.S. microchips and other components for 25-30% of the equipment it produces. "It's not something I can speak to", Deputy Press Secretary Raj Shah said Monday when he was asked about the Lido City deal.

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