Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Trump tweet hints at ZTE deal with China

Joe Mont | May 14, 2018

Welcome to a world where U.S. sanctions policy is defined and announced via Twitter. The latest example is President Trump signaling that he may back down from a U.S. ban on business with certain Chinese-owned technology companies.

On Sunday morning, President Trump tweeted that he and President Xi of China “are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast.”

“Too many jobs in China lost. Commerce Department has been instructed to get it done!”

What that means exactly was not immediately clear. 

The President’s message was almost instantaneously rebuked by Sen. Marco Rubio (R.-Fla.), also via Twitter: “I hope this isn’t the beginning of backing down to China. While Chinese companies have unrestricted access to U.S. market and protection of our laws many U.S. companies have been ruined after #China blocked market access or stole their intellectual property.”

“Our intelligence agencies have warned...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.