United States trade representative's office to hear corporations' case against tariffs

United States trade representative's office to hear corporations' case against tariffs

Regardless of an agreement that may be struck by the administration and Beijing, House lawmakers on both sides of the aisle want to prevent the company from getting information that the USA doesn't want China to have, Thornberry said at Bloomberg Government event.

Any deal President Donald Trump strikes with China over ZTE Corp.'s ability to tap the US market isn't likely to apply to government agencies, according to a key Republican lawmaker.

ZTE became a flash point in U.S.

The two countries failed to reach an agreement on the long list of USA demands, and made a decision to resume talks in Washington. Officials from Beijing are expected to arrive in D.C. armed with a list of items they will offer to import from the U.S.to meet that goal, The Wall Street Journal reported. Washington has proposed imposing tariffs on up to $150 billion in Chinese products. "The more we can work things out, the better it's going to be not just for USA and China, but for the entire world economy", he said.

The U.S. banned exports to ZTE in April for its violation of a U.S. Iranian trade embargo.

Commerce Secretary Wilbur Ross said during an appearance at the National Press Club in Washington Monday that "ZTE did do some inappropriate things. And that's the area we will be exploring very, very promptly".

"The Chinese have said 'we want to see the specifics.' We gave them all the specifics in terms of trade issues". But in what appeared to be a step back from the crisis, Trump this week unexpectedly ordered the Commerce Department to help get the Shenzhen-based company back in business, saying "too many jobs in China lost". -China relations after the administration crippled the company by cutting it off from US suppliers for allegedly violating terms of a 2017 sanctions settlement, then lying about it.

More news: China mum about whether Xi will meet Trump, Kim in Singapore

ZTE, a company with more than 70,000 employees that has supplied some of the world's biggest telecom companies, said in early May that it had halted its main operations as a result of USA action. It's not clear, of course, if he's planning to really reverse it or think of a solution in a larger context.

"The United States and China are the two biggest economies in the world".

Trump spoke to Canadian Prime Minister Justin Trudeau on Monday and discussed bringing the talks to quick conclusion, officials from both countries said.

China objected to ZTE's punishment at trade talks in Beijing this month, and the American delegation agreed to report them to Mr. Trump. Commerce Department has been instructed to get it done!

ZTE was fined $1.2 billion in March 2017, but last month it was hit with a steeper sanction, prohibiting United States companies from supplying the firm with needed parts amid revelations the company lied multiple times and failed to take actions against employees responsible for sanctions violations.

"The gap remains wide", Ross said, but he added he remained hopeful the strong personal relationship between Trump and Xi would "facilitate an agreement, just as it seems to be doing with regard to North Korea".

Related News:

  • NASA to Send Autonomous Helicopter to Mars

    NASA to Send Autonomous Helicopter to Mars

    NASA has tested the helicopter prototype in a Mars-like atmosphere, proving that it will be able to take flight on the red planet. An administrator at NASA , Jim Bridenstine, recently posted a concept clip of the drone on Twitter .
    Fox to add Tim Allen's 'Last Man Standing' to fall lineup

    Fox to add Tim Allen's 'Last Man Standing' to fall lineup

    Hulu also now has an SVOD deal with the show, so the two entities have a relationship of some nature already. And on Friday the show's executive producer Michael Schur took to Twitter to share the exciting news.
    Reactions To Tim Cook's Duke Commencement Speech

    Reactions To Tim Cook's Duke Commencement Speech

    Apple chooses its products not to be customers, an opinion Cook emphasized again during Duke's graduation ceremony on Sunday. In 2014, meanwhile, hackers were able to access private photographs belonging to celebrities before posting them online.
  • Soros goes from Hungary

    Soros goes from Hungary

    The new legislation restricts the work of NGOs that receive foreign funding, imposing a punitive 25% overhead tax on donations. The building that houses the Budapest offices of the Open Society Foundations in Budapest, Hungary.
    Why Home Depot Got Hammered After Earnings

    Why Home Depot Got Hammered After Earnings

    The firm owned 65,195 shares of the home improvement retailer's stock after buying an additional 3,508 shares during the period. State Treasurer State Of Michigan, Michigan-based fund reported 962,328 shares. 9,109 were accumulated by Smith Moore And.
    David Moyes 'likely to leave West Ham United'

    David Moyes 'likely to leave West Ham United'

    Sportsmail's exclusive pictures show a vehicle leaving Sullivan's home at 6.35pm Monday after a 75-minute meeting. We'll wait and see when we meet up".
  • Putin to open mega bridge linking Crimea to Russian Federation

    Putin to open mega bridge linking Crimea to Russian Federation

    Russia's last tsar, Nicholas II first proposed such a bridge, but the outbreak of World War I prevented it going ahead. Nevertheless, a Levada poll in March found 70 percent of Russians thought taking Crimea had been beneficial.
    Vodafone's Colao to step down

    Vodafone's Colao to step down

    It also comes ahead of the merger of its struggling Indian business with Idea Cellular, a deal that is expected to close in June. He joined Vodafone in 2001 as UK finance director, before serving stints as UK chief commercial officer and UK chief executive.
    OPPO's Realme 1 smartphone launched for Rs. 8990

    OPPO's Realme 1 smartphone launched for Rs. 8990

    Realme with a range of devices "Made for and in India", will share OPPO's two manufacturing facilities in the country. Additionally, SBI customers will be able to purchase the Realme 1 on a no-cost EMI option and a 5 percent cashback.
  • Miss Marvel: Muslim superhero film in the works, says Marvel

    Miss Marvel: Muslim superhero film in the works, says Marvel

    Having said that, several fans have already have suggested that Quantico actor Priyanka Chopra should star as the character. The Bollywood diva working in Hollywood has already voiced the character in the mobile video game Marvel: Avengers Academy.

    By the Numbers: Cavs' Draft Lottery

    The team will have an 8.4 percent chance of receiving the seventh pick and a 0.4 percent chance of receiving the eighth pick. So far, only Oladipo has developed into an All-Star, but Oladipo reached All-Star status as a member of the Indiana Pacers.
    Microsoft is reportedly working on a new Xbox controller built for accessibility

    Microsoft is reportedly working on a new Xbox controller built for accessibility

    Now, Microsoft has removed these restrictions and users can now gift all Xbox One and Microsoft Store PC games digitally. It also has two large "A" and "B" buttons, and three LED lights that might show which programmed modes are active.


Most liked

Ireland fall short on Test debut despite Pakistan wobble
Abbas was once again the hero with the ball as he bagged a five-for in 28.3 overs, giving away 66 runs. A crestfallen O'Brien bowed his head in frustration and dropped his bat as he trudged off the field.

Netflix Orders Horror Anthology Series from Guillermo Del Toro
Netflix has ordered the one-hour comedy series AJ and the Queen , starring, co-written and executive-produced by RuPaul Charles. The Director will write and film a few episodes of the upcoming anthology, and over the rest of the series with other authors.

World Cup Goal Hero Gotze Won't Repeat The Feat!
World Cup-winning goalscorer Mario Gotze has been left out of Germany's squad for June's tournament in Russian Federation . Germany's first match in Russian Federation will be against Mexico in Moscow on June 17.

Senate should confirm Gina Haspel
If approved by the committee, Haspel's nomination would head to the Senate, which is expected to narrowly confirm her appointment. Haspel enjoys widespread support from CIA Directors and Chiefs of Staff from Republican and Democratic Administrations.

F1: Vettel falls 17 behind Hamilton
Vettel gave away his position when Ferrari made a decision to go for an extra stop and give the German driver fresher tyres. He added: "The pressure and the passion that I have to win this championship are far greater than I've ever had it".

Cashier-free Amazon Go stores are coming to Chicago and San Francisco
After that, Amazon's system uses cameras and other sensors to track shoppers and identify what they take off shelves. The story said the company could open as many as six storefronts in 2018, citing people familiar with the plans.

Tesla Model S crashes into truck in Utah
Tesla faces a slew of other issues, from increased skepticism over its finances to safety probes by regulators. Police said they had been in contact with the National Transportation Safety Board about the crash.

Gap Apologizes After China Shirt Has A Geographical Mistake
It also apologised for "this unintentional mistake and is now conducting internal investigations to quickly rectify this mistake". Other T-shirts in the range show San Francisco, Paris, Japan and Canada but are decorated with national flags rather than maps.

Honor India To Launch New Mid-Range Smartphone On May 22
Qualcomm's sensors are also said to be able to work when wet or greasy, unlike the more conservative sensors seen in phones today. The smartphone features the trendy notched display at the top but retains a chin at the bottom to adjust the fingerprint scanner.

Malaysia bars more officials from leaving country amid corruption probe
On May 10, Mahathir was sworn in as the seventh Prime Minister of Malaysia at the National Palace in Kuala Lumpur . The 70-year-old Anwar is still serving a five-year jail term after he was found guilty on a sodomy charge in 2015.

United Kingdom ministers have no answer on European Union trade, says Carwyn Jones
Barnier later said that there had been "a little, not very little progress" but warned that more was urgently needed. Her comment was echoed by French foreign minister Jean-Yves le Drian following talks with Mr Johnson in London.

Scientists successfully transfer memory from one snail to another
Previous studies point out that, after amnesia, long-term memory can be restored by using a priming component. Scientists believe they have successfully transplanted the memory of snails into other snails.

Maharashtra ATS arrests terror suspect
The man, whose identity is yet to be revealed is born and brought up in Mumbai and is close to Indian Mujahideen founder Amir Reza Khan.

Hedge fund manager to buy Carolina Panthers for record price
A source who knows Tepper has said that if he were to come to Charlotte, "you should assume that (philanthropy) would continue". His investment is now worth $122.5 million, based on the current valuation of the Steelers ($2.45 billion, per Forbes ).

Low pens new Germany deal drops 27-man provisional WC squad
World Cup-winning goalscorer Mario Gotze has been left out of Germany's squad for June's tournament in Russian Federation . They face Sweden in Sochi six days later before rounding off their Group F campaign against South Korea in Kazan.