China sends trade envoy to U.S., welcomes Trump ZTE comments

China sends trade envoy to U.S., welcomes Trump ZTE comments

In retaliation, Beijing is threatening tariffs on $50 billion in US products.

And then in March 2017, ZTE was fined $1.1bn (£800m) after admitting to violating U.S. sanctions by illegally shipping American technology to Iran and North Korea.

President Donald Trump has threatened tariffs on imports of Chinese goods, and China has threatened to retaliate with duties on United States products, including food items such as pork, beef and soybeans. "Commerce Department has been instructed to get it done!"

White House spokeswoman Lindsay Walters confirmed USA officials were in talks with China about the company, saying that Mr Trump expects Commerce Secretary Wilbur Ross "to exercise his independent judgement, consistent with applicable laws and regulations, to resolve the regulatory action involving ZTE based on its facts".

"You (Trump) should care more about our national security than Chinese jobs".

US President, Donald Trump, on Tuesday said trade negotiations are still underway with China and to "stay tuned".

Shortly thereafter, the Chinese government reportedly restarted its review of the application of Qualcomm-a USA telecom company-to acquire the Chinese company NXP.

Cargill's comments come as the US Ambassador to China, Terry Branstad, said the US and China are still "very far apart" on resolving trade frictions.

N. Korea Invites 8 S. Korean Reporters to Nuclear Test Site Dismantling
Trump called the action "a very smart and gracious gesture!" on Twitter and told reporters that the process "is very important". The North said it will hold a ceremony at the site next week to allow local and worldwide journalists to witness the efforts.

The Pentagon recently banned Chinese telecommunications products from being used by the military over concerns about Chinese espionage related to the Chinese-made equipment.

"As a result of the Denial Order, the major operating activities of the Company have ceased", ZTE said. By cutting off access to US suppliers of essential components such as microchips, the ban threatens ZTE's existence, the company has said.

A security firm, Kryptowire, disclosed in 2016 that Chinese phones are loaded with software that sends a user's data to Beijing.

USA security concerns about Chinese telecom equipment also were voiced by senior US intelligence leaders during congressional testimony earlier this year.

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. "It is because they got caught helping North Korea and helping Iran evade sanctions and they were punished for it".

The widening trade dispute between the world's two biggest economies has taken a toll on both sides.

California Rep. Adam Schiff, the top Democrat on the intelligence committee, criticized Trump for softening his stance on ZTE.

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