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Senate panel overwhelmingly approves amendment blocking Trump on ZTE
The Hill ^ | 22 May 2018 | Harper Reidig

Posted on 05/22/2018 12:27:32 PM PDT by Theoria

A Senate panel on Tuesday rebuked President Trump's efforts to ease sanctions on the Chinese telecom firm ZTE, which the intelligence community and trade regulators have warned poses a national security risk for the U.S.

The Senate Banking Committee approved an amendment in an overwhelming and bipartisan 23-2 vote that would block Trump from easing sanctions on ZTE without first certifying to Congress that the company is complying with U.S. law.

The move comes the same day The Wall Street Journal reported that the Trump administration and China are closing in on a deal to ease off ZTE in exchange for trade concessions. That report raised concerns among lawmakers of both parties who have advocated for a crackdown on Chinese technology companies.

“If the president and his team won’t follow through on tough sanctions against ZTE, it’s up to Congress to ensure that it happens," Senate Minority Leader Charles Schumer (D-N.Y.) said in a statement.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; US: New York
KEYWORDS: charlesschumer; china; communist; northkorea; phone; trade; zte
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To: zeebee

Very old negotiating technique. Put some ballast in the contract to be thrown overboard so your business partner can pat themselves on the back for improving the agreement.


21 posted on 05/22/2018 3:17:22 PM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: 2ndDivisionVet
The same intelligence community that illegally spied on Trump's campaign and transition?

Yep! The same intelligence community that still has no idea that a couple of Pakistani criminals, who probably work for the Paki ISI, took over the entire computer/communications systems for the House. And likely still control it.

22 posted on 05/22/2018 5:18:24 PM PDT by TigersEye (This is the age of the death of reason.)
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