And it contrasts with his administration’s treatment of China’s telecoms industry; U.S. companies are prevented from trading with Huawei Technologies, the world’s largest telecommunications equipment maker, for national security reasons.But in a series of tweets on Tuesday, Trump said national security should not be used as an “excuse” to make it difficult for foreign countries to buy U.S. products.
“The United States cannot, & will not, become such a difficult place to deal with in terms of foreign countries buying our product, including for the always used National Security excuse, that our companies will be forced to leave in order to remain competitive,” Trump wrote on Twitter.Trump did not identify the restrictions. The White House declined to comment.
The United States and China, the world’s two largest economies, have a complicated and competitive relationship. Trump signed a first-phase trade deal with China earlier this year after a long trade war in which the two sides levied significant tariffs on each others’ products. Many of those tariffs are still in place.
Trump’s series of tweets on Tuesday was an apparent reference to reports over the weekend that the U.S. government is considering whether to block General Electric Co from continuing to supply engines for a new Chinese passenger jet. Washington is also eyeing limits on other components for Chinese commercial aircraft such as flight control systems made by Honeywell International Inc.Central to the possible crackdown on the sale of U.S. parts to China’s aircraft industry is whether shipments could fuel the rise of a serious competitor to U.S.-based Boeing Co or boost China’s military capabilities.“We applaud President Trump’s tweets supporting U.S.
globebusiness Comrade Grifter upset fellow Comrades ignoring him
globebusiness So he's reduced National Security to 'an excuse' to not do a deal he wants. He just gets more pathetic, dangerous, and mad by the day!
globebusiness Meanwhile in Canada...
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