Trump says 'no folding' in trade negotiations with China

President Donald Trump waves to Uzbek President Shavkat Mirziyoyev as he leaves following a visit to the White House in Washington, Wednesday, May 16, 2018. (AP Photo/Susan Walsh)

WASHINGTON — President Donald Trump says there has been "no folding" in his trade negotiations with China, as he addresses his efforts to help a Chinese telecommunications company that violated U.S. sanctions.

Trump tweeted on Wednesday, "Nothing has happened with ZTE except as it pertains to the larger trade deal."

He added that, "We have not seen China's demands yet." He also said: "There has been no folding as the media would love people to believe."

The White House said that Treasury Secretary Steven Mnuchin will lead talks Thursday and Friday with Chinese Vice Premier Liu He aimed at heading off a trade war between the world's two biggest economies.

Commerce Secretary Wilbur Ross, U.S. Trade Rep. Robert Lighthizer, White House economic adviser Larry Kudlow and trade advisers Peter Navarro and Everett Eissenstat will also participate.

The Trump administration has proposed tariffs on up to $150 billion in Chinese products to punish Beijing for forcing American companies to turn over technology in exchange for access to the Chinese market. China has counterpunched by targeting $50 billion in U.S. products.

Trump tweeted his support for ZTE earlier this week, putting the president at odds with the Commerce Department and its decision to impose trade restrictions on the company amid allegations it violated U.S. sanctions.

Trump has also drawn criticism from Democrats and Republicans that the company poses a national security risk. Sen. Marco Rubio, R-Fla., questioned how the U.S. would be able to enforce the "cancellation" of the Iran deal "if we are not going to be enforcing it on companies in powerful countries that are helping Iran evade sanctions already."

Rubio said the Chinese telecom companies are "agents of the Chinese government. And they don't just steal national security secrets, they steal commercial secrets. They will use a ZTE phone to spy on any American company and steal their intellectual property."

Must Read

Girardi: 'No one individual is ever bigger than...

Aug 11, 2016

Benched from the starting lineup once again as his finale approaches, Alex Rodriguez pinch hit and...

Experts: 2 killings by police were tragic, likely...

Aug 11, 2016

Two fatal police shootings in the Los Angeles area began the same way: officers thinking a suspect...

'MacGyver' update won't be gun-free zone; more...

Aug 11, 2016

A CBS remake of the 1980s series "MacGyver" will still have the hero relying on his wit, not...

Justice Dept. report critical of zero-tolerance...

Aug 11, 2016

To supporters, zero-tolerance policing has long represented a logical crime-fighting approach:...

Ecuador to set date for Assange to be questioned...

Aug 12, 2016

Ecuador said Thursday it's ready to set a date for Swedish prosecutors to question Julian Assange...

Sign up now!

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales[at]intheheadline.com