Page 4 - ARUBA TODAY
P. 4

A4   U.S. NEWS
                       Tuesday 29 May 2018

            Trump’s trade agenda runs into reality of global geopolitics




            By KEN THOMAS                                                                                                       ment  will  lift  a  seven-year
            Associated Press                                                                                                    ban  on  ZTE  buying  com-
            WASHINGTON (AP) — Presi-                                                                                            ponents  from  U.S.  compa-
            dent Donald Trump’s hard-                                                                                           nies. The ban, imposed this
            line views on trade, a staple                                                                                       month,  threatened  to  put
            of his message long before                                                                                          ZTE out of business.
            he entered politics, are be-                                                                                        Trump  said  earlier  that  a
            ginning  to  collide  with  the                                                                                     resolution  would  help  U.S.
            cold realities of global geo-                                                                                       firms  that  supply  ZTE  with
            politics.                                                                                                           components, but members
            Trade  talks  on  China  and                                                                                        of Congress, including sev-
            the  North  American  Free                                                                                          eral  Republicans,  warned
            Trade  Agreement  have  hit                                                                                         that  the  U.S.  is  being  too
            stumbling  blocks,  posing  a                                                                                       lenient on a company that
            challenge  for  a  president                                                                                        has violated U.S. sanctions.
            who vowed to make trade                                                                                             “ZTE presents a national se-
            deals  more  equitable  for                                                                                         curity  threat  to  the  United
            the United States during his                                                                                        States — and nothing in this
            2016  campaign  and  who                                                                                            reported  deal  addresses
            famously    tweeted    that                                                                                         that  fundamental  fact,”
            trade  wars  are  “easy  to                                                                                         said Sen. Chris Van Hollen,
            win.”                                                                                                               a  Maryland  Democrat.  “If
            Trump’s trade agenda — at                                                                                           President  Trump  won’t  put
            least lately — has not been   In this May 21, 2018, file photo, Treasury Secretary Steve Mnuchin talks with reporters about trade   our security before Chinese
            so easy.                     with China outside of the White House in Washington.                                   jobs,  Congress  will  act  on
            After  threatening  China                                                                          Associated Press  a  bipartisan  basis  to  stop
            with  $150  billion  in  tariffs,  Pointing  to  a  pause  in  the  remain   about   whether  adviser  to  Trump’s  cam-  him.”
            Trump’s      administration  trade  dispute,  the  admin-  China  will  address  allega-  paign and transition team,  Trump’s  team,  meanwhile,
            has  suspended  plans  to  istration pointed to China’s  tions  the  Chinese  engage  last Monday.                  has  hit  an  impasse  with
            impose  the  tariffs  for  now  plans  to  “significantly  in-  in  cybertheft  of  trade  se-  Separately,  on  Friday,  the  Canada  and  Mexico  on
            and the president tweeted  crease”  its  purchases  of  crets, force U.S. companies  U.S. reached a deal on ZTE  negotiations  over  NAFTA.
            Wednesday  that  a  “differ-  U.S.  goods  and  services  to  transfer  some  of  their  Corp.  that  will  allow  the  The president has sought to
            ent  structure”  would  be  and  make  “meaningful  technology  in  exchange  Chinese  telecommunica-               overhaul  NAFTA  as  a  way
            needed  in  the  trade  talks  increases”  in  U.S.  exports  for market access or back  tions giant to remain in busi-  of  returning  automobile
            involving  the  world’s  two  of  agriculture  and  energy  away  from  its  China  2025  ness.  Under  the  deal,  ZTE  production to the U.S. and
            largest economies.           products.  Financial  mar-   plan  to  dominate  emerg-   will  oust  its  management  reduce  America’s  trade
            The  president  has  be-     kets,  wary  of  a  calamitous  ing technologies.         team, hire American com-     deficit with Mexico.
            moaned  the  massive  U.S.  trade war, were relieved.     “Chinese  r  laughing  at  us  pliance  offers  and  pay  a  But  the  talks  are  running
            trade deficit with China —  But Beijing did not agree to  again. They have never de-   fine — on top of the $1 bil-  into  the  complications  of
            $337  billion  last  year  —  as  any specific dollar amounts,  livered on 1 promise in the  lion it’s already paid for sell-  Mexican  elections  in  July
            evidence  that  Beijing  has  despite the Trump adminis-  past.  Appeasement  is  the  ing equipment to North Ko-   and the U.S. midterm elec-
            been  complicit  in  abusive  tration’s  push  to  lower  the  devils friend,” tweeted Dan  rea and Iran in violation of  tions  in  November  along
            trading  practices  and  out-  U.S. trade deficit by at least  DiMicco,  a  former  Nucor  U.S. sanctions. In return, the  with a dispute over rules for
            smarted his predecessors.    $200  billion.  And  doubts  steel  chairman  and  trade  U.S.  Commerce  Depart-      car production.q

            U.S. Rep. says he’s battling alcoholism, drops re-election bid



                                                                      he  will  no  longer  seek  re-  for an interview.        “This isn’t an ending for me,
                                                                      election,  saying  he  needs  A  former  prosecutor  and  or  my  values  of  service  to
                                                                      to work on recovering from  state  senator,  Garrett  is  a  my  fellow  man,  it’s  just  a
                                                                      alcoholism  and  renewing  libertarian-leaning     con-   new  beginning,”  Garrett
                                                                      his commitment to his fam-   servative  who  advocated  said.
                                                                      ily.                         for  looser  marijuana  laws  Garrett  was  up  against
                                                                      Garrett  made  the  an-      and was a member of the  Democrat        Leslie   Cock-
                                                                      nouncement in a video re-    House Freedom Caucus.        burn,  a  former  reporter  for
                                                                      corded at the state Capitol  His decision to resign came  60 Minutes and Vanity Fair
                                                                      in Richmond. It was first re-  abruptly. Last week he held  who  has  never  run  for  of-
                                                                      ported by The Washington  a long, rambling news con-      fice  before.  She  has  said
                                                                      Post.                        ference to deny reports he  her opposition to President
                                                                      “Any person — Republican,  was thinking of dropping his  Donald Trump helped spur
                                                                      Democrat  or  Independent  bid for a second term.         her run.
                                                                      — who’s known me for any  Garrett’s  tepid  fundraising  Republican  Party  officials
                                                                      period of time and has any  had  worried  members  of  in the 5th District will pick a
            In this Tuesday, Jan. 20, 2015, file photo, then-state Sen. Thom-  integrity, knows two things: I  his party, but he said his de-  replacement  candidate  in
            as Garrett, R-Buckingham, speaks during a debate on a bill dur-  am a good man and I am  cision  not  to  seek  another  coming  days.  Trump  won
            ing the Senate session at the Capitol in Richmond, Va.    an alcoholic,” Garrett said.  term was not motivated by  the  district  by  11  percent-
                                                     Associated Press  “This  is  the  hardest  state-  fear of losing his seat. Gar-  age  points  and  several
            ALAN SUDERMAN                Republican  Congressman  ment that I have ever pub-       rett  said  “sometimes  win-  Republicans  could  jockey
             Associated Press            Thomas  Garrett  of  Virginia  licly made, by far.”       ning means knowing where  to  replace  Garrett  on  the
            RICHMOND,  Va.  (AP)  —  announced  Monday  that  Garrett declined a request  your priorities should be.”           ballot.q
   1   2   3   4   5   6   7   8   9