Donald trump zte make money

Trump has said he has handed over control of his business to his two adult sons. One congressional report about ZTE and Huawei, another huge Chinese tech company, said the companies «cannot be trusted to be free of foreign state influence and thus pose a security threat to the United States and to our systems. Calling all HuffPost superfans! China has much to give! ZTE is near bankruptcy because the Trump administration has forbidden US companies to sell it vital components after it was caught red-handed violating international sanctions in Iran. It’s also the fourth largest provider of smartphones in the United States. Then, on May 21, China awarded Ms.

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Chinese smartphone maker ZTE might have found a savior, and it’s the last person you’d expect. President Donald Trump says he now wants to help save the beleaguered handset maker, tweeting Sunday that he wanted to give the company «a way to get back into business, fast. S Commerce Department, which «has been donapd to get it. While it’s not surprising that Trump would announce his support for such a move on Twitter, the fact that he’s so forcefully supporting ZTE in the first place raises eyebrows for a number of reasons. Too many jobs in China lost.

The timing of President Trump’s statement about wanting to help ZTE raised eyebrows.

Chinese trademark documents detailing the approvals were made public by Citizens for Ethics and Responsibility in Washington Crew , a watchdog group. The group said the first daughter and White House adviser, who represents the US at diplomatic events, already held more than a dozen trademarks in China and multiple pending applications. Donald Trump holds more than trademarks in China. The five approvals, for applications made in , came through on 7 May. Its punishment was to be banned from US suppliers for seven years. The latest registration approvals won by Ivanka Trump Marks LLC include business trademark rights on goods including bathmats, textiles and baby blankets. While Ivanka Trump has stepped back from running the company while serving as an adviser to her father, she continues to profit from the business.

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Chinese smartphone maker ZTE might have found a savior, and it’s the last person you’d expect. President Donald Trump says he now wants to help save the beleaguered handset maker, tweeting Sunday that he wanted to give the company «a way to get back into business, fast. S Commerce Department, which «has been instructed to get it. While it’s not surprising that Trump would announce his support for such a move on Twitter, the fact that he’s so forcefully supporting ZTE in the first place raises eyebrows for a number of reasons.

Too many jobs in China lost. Commerce Department has been instructed to get it done! Trump realDonaldTrump May 13, S, thanks to low-cost phones and savvy marketing ploys the company’s sponsored five NBA teams, including the Golden State Warriors. But the company’s run into problems in the U. S in recent years. American intelligence agencies have accused the firm of using its phones to spy on Americans.

ZTE has denied the charges, but the accusation nevertheless led to some zge carriers dropping the manufacturer Chinese company Huawei has been hit with similar claims. S government discovered it was doing business with North Korea and Iran. The company paid the settlement, but was also supposed to sanction its executives over the issue. Those mandated reprimands never happened and it was this that triggered the Department of Commerce’s move donal month to officially ban U.

S exports to the company. Since ZTE relies on components manufactured in America, the export ban was likely to have a devastating effect on the company.

Which brings us back to Trump. That he would be so supportive of a company which his own government fined for doing business with Iran is, well, confusing as hell.

Uh, US companies were banned from selling to ZTE because it violated sanctions with Iran, which this administration claims is such a threat that it just donald trump zte make money new sanctions. Our intelligence agencies have warned that ZTE technology and phones pose a major cyber security eonald.

You should care more about our national security than Chinese jobs. ZTE systematically violated our sanctions against Iran. It repeatedly lied to the US government while in remediation. The fact that he cited concern over losing Chinese jobs, also didn’t go over well, considering he repeatedly railed against U.

S jobs being outsourced to China during his presidential campaign. Never thought I would see a president bragging about being more concerned for saving Chinese manufacturing jobs that US jobs he once promised penalties for manufacturing abroad but abandoned that completely or for US cyber security, given the spying allegations against ZTE.

After two years of assailing his predecessors for putting Chinese workers before Americans, Mobey Trump today said he directing his administration to reverse the effective shutdown of ZTE in order to save Chinese jobs. Just a thought, but maybe Trump should worry less about Chinese jobs and ZTE, and more about his own voters whose businesses are now suffering as a result of his visa policies.

But what do I know. The whole thing led many to speculate about whether donakd not Trump had another reason for his sudden about-face on ZTE. So confused. I bet you Ivanka and Don Jr. In another tweet, posted later Sunday afternoon, Trump said «China and the United Zts are working well together on trade,» adding «be cool, it will all work. China and the United States are working well together on trade, but past negotiations have been so one sided in favor of China, for so many years, that it is hard for them to make a deal that benefits both countries.

But be cool, it will all work out! We’re using cookies to improve your experience. Click Here to find out. Tech Like Follow.

Trump vows to help Chinese tech giant ZTE

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But it was not enough to satisfy critics such as Painter, who says that the House and Senate judiciary committees should open investigations. A question we sent to the Commerce Department on the issue was not answered. Too many jobs in China lost. Learn How. Amid backlash, Trump appeared to back off, criticizing the news media as he often does, and claiming his comments about ZTE hinted at a broader deal with China in the run-up to trade talks:. All rights reserved. The project aims to build a network of new and farther-reaching roads and maritime routes. The foreign emoluments clause of the Constitution prohibits the president from receiving any payments from foreign governments. In May, the administration decided to lift the ban on U. ZTE ZTCOFa smartphone and telecom equipment maker that does business around the world, announced last week that it has halted its main operations after the Trump administration banned American companies mney selling it vital components. That money would have come straight out of taxpayers pockets—retirement benefits, health benefits, or other mandatory spending accounts, the sources said. Rumors of the rapper’s demise spread in December after posts on «prank» news jake. The Trump Organization on Monday acknowledged its involvement in the resort, but did not respond to questions about how much the company would make from its licensing or donald trump zte make money fees. Still, Ms. China has seen our demands. Mmake White House later issued a mooney indicating that President Trump «expects» Commerce Secretary Wilbur Ross «to exercise his independent judgment, consistent with applicable laws and regulations, to resolve the regulatory action involving Mpney based on its facts.