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You are here: Home / Senate may deal Trump trade defeat on ZTE

Senate may deal Trump trade defeat on ZTE

The Senate is on the verge of directly undercutting a key piece of President Donald Trump’s trade negotiations with China, as a bipartisan group of lawmakers successfully pushed for the inclusion of a bill to undo a deal to save Chinese telecom ZTE.Lawmakers are on track to attach an amendment to reimpose any penalty removed by the Trump administration on the firm — which the president explicitly granted a reprieve from as part of his broader negotiations with Chinese President Xi Jinping — to an annual defense policy bill that is expected to pass in the coming days.”I think people are fed up with what ZTE did and they don’t think we should just let them off hook, and that it does send a very bad signal to anybody else around the world who’s thinking about violating sanctions of the United States,” Sen. Chris Van Hollen, the Maryland Democrat who co-authored the amendment, told CNN of the bipartisan effort to move it forward.The successful inclusion of an amendment to block the deal marks the latest twist in a fight that has roiled Capitol Hill and national security officials — all as it became a cornerstone piece of Trump’s China trade… Read full this story

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Senate may deal Trump trade defeat on ZTE have 315 words, post on www.abcactionnews.com at June 10, 2018. This is cached page on NGHONG. If you want remove this page, please contact us.

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