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Kevin Lamarque | Reuters
President Donald Trump gestures during a roundtable on tax cuts for Florida small businesses in Hialeah, Florida, April 16, 2018.
President Donald Trump said Wednesday his reversal on Chinese company ZTE only relates to a “larger trade deal” his administration seeks with Beijing.
Top Trump administration officials such as Commerce Secretary Wilbur Ross had tried to separate the president’s push to boost the telecommunications company from trade talks with China. Ross this week called it an “enforcement” issue, not a trade dispute.
Trump’s public statements have muddled that message.
In a series of tweets Wednesday morning, the president said “there has been no folding” on his pledges to crack down on Chinese trade practices. He said high-level meetings on the U.S.-China trade relationship “haven’t even started yet.”
Trump also argued that the U.S. “has very little to give” in talks “because it has given so much over the years.” He added: “China has much to give!”
Trump tweet: The Washington Post and CNN have typically written false stories about our trade negotiations with China. Nothing has happened with ZTE except as it pertains to the larger trade deal. Our country has been losing hundreds of billions of dollars a year with China…
Trump tweet: …We have not seen China’s demands yet, which should be few in that previous U.S. Administrations have done so poorly in negotiating. China has seen our demands. There has been no folding as the media would love people to believe, the meetings…
Trump tweet: …haven’t even started yet! The U.S. has very little to give, because it has given so much over the years. China has much to give!
Last month, the Trump administration barred U.S. companies from selling to ZTE for seven years. The ban came in response to the company’s shipping of American goods to Iran and North Korea in violation of sanctions. It effectively crippled ZTE.
On Sunday, the president said he instructed his Commerce Department to find a way to help the telecommunications equipment maker “get back into business, fast.” “Too many jobs” were lost in China, the president added.
