Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: billyboy15
It then goes to the President for his approval or veto.

Considering the President is now talking about tariffs on an additional $200 billion in Chinese goods the question is why would he now want to continue through with his help for ZTE? If makes no sense to assist them in the middle of a trade war, does it?

5 posted on 06/19/2018 4:13:22 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 2 | View Replies ]


To: DoodleDawg

Qualcomm, Intel, Acasia are just a few of the American companies who will be hurt by the sanctions.

The profit made by ZTE in violating sanctions was incorporated into the assessed fine of 1.3 billion dollars as well as an additional $400 million they must put in escrow in case any other violations are discovered.

Trump is walking a fine line between punishing ZTE and preventing harm to American based companies with whom ZTE does about 25% of it’s entire business.


10 posted on 06/19/2018 4:26:07 AM PDT by billyboy15 (S re)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: DoodleDawg

It only makes sense if the goal was to get the congress and senate upset enough to get them off their duffs to do something. Trump has been doing most of the heavy lifting and the congress and the senate have been basically on the bench. This seems to have got them moving, at least a little.


12 posted on 06/19/2018 4:43:45 AM PDT by Dutch Boy
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson