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No thread about ZTE?

By anotheraccount following x   2018 May 14, 5:24pm 751 views   51 comments   watch   sfw   quote     share    


Please try to defend Trump's action here.

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41   Feux Follets   ignore (0)   2018 May 23, 6:36am   ↑ like (0)   ↓ dislike (0)   quote        

About that Indonesian project Potus will profit from:

Hary, as he’s called locally, promised to spend as much as $1 billion on the two resorts and paid Trump as much as $10.5 million in fees between 2015 and 2017.

It’s one of the Trump Organization’s most lucrative overseas partnerships.

Hary, 52, has called Trump an inspiration, and soon after the U.S. election began talking about running for president of Indonesia. He has bragged about his access to the U.S. president. He and Liliana attended the inauguration in January 2017, and posted pictures of themselves alongside Don Jr., Eric Trump, and their wives at an after-party. He Instagrammed his stay at the Trump International Hotel in Washington, D.C.

Trump hasn’t visited Indonesia, but he met Jokowi on the sidelines of a Group of 20 summit last July and promised to come. The announcement in December, however, that the U.S. would recognize Jerusalem as the capital of Israel put Indonesia on edge. Thousands of protesters demonstrated, and the crowds returned in May ahead of the opening of the U.S. Embassy in Jerusalem. Some politicians now worry that a Trump visit to Indonesia could be explosive. “It’s becoming a political liability to have closer relations with Trump,” says Dino Djalal, the former Indonesian ambassador to the U.S.

Much More and an Entertaining Read ! https://www.bloomberg.com/news/features/2018-05-23/trump-s-indonesian-partner-thought-this-would-be-more-fun

Anyone still wondering why Potus and his administration is bowing to China to save ZTE ?
42   anotheraccount   ignore (1)   2018 May 23, 8:20am   ↑ like (0)   ↓ dislike (0)   quote        

Feux Follets says
Anyone still wondering why Potus and his administration is bowing to China to save ZTE ?


I don't think it's Indonesia project alone. Mnuchin is trying not to rock the corporate boat which has no real allegiance to US. Bottom line, Trump is a crappy negotiator and clearly not a billionaire if he needs small $10.5 million bribes.
43   rdm   ignore (0)   2018 May 23, 9:08am   ↑ like (0)   ↓ dislike (0)   quote        

anotheraccount says
You would think them not being able to make semiconductors would give us an upper hand.


Here is a interesting article on the evolving semi industry in China. Of course their rivals in Taiwan have long mastered this.

https://www.mckinsey.com/industries/semiconductors/our-insights/semiconductors-in-china-brave-new-world-or-same-old-story
44   Hassan_Rouhani   ignore (2)   2018 May 23, 9:47am   ↑ like (0)   ↓ dislike (0)   quote        

Interesting evolution of talking points: from "nothing can be done on trade because it's impossible" to "much more could've been done".
45   anotheraccount   ignore (1)   2018 May 23, 7:55pm   ↑ like (0)   ↓ dislike (0)   quote        

Hassan_Rouhani says
Interesting evolution of talking points: from "nothing can be done on trade because it's impossible" to "much more could've been done".
Who said that? Most people on this board on both sides have been saying that China is a problem. Trump is doing a disservice to the country by starting something he can't finish. It's worse than inaction because poor negotiation likes this makes China stronger.
46   Hassan_Rouhani   ignore (2)   2018 May 23, 8:19pm   ↑ like (0)   ↓ dislike (0)   quote        

anotheraccount says
poor negotiation likes this makes China stronger.


This is a fallacy, IMO: how does getting trade concessions in exchange to, say, not completely destroying ZTE is "making China stronger"? If anything it makes them weaker as it confirms that they can be pressured via threatening their companies dependent on US tech. They have nothing to hit back with and it became painfully obvious.
47   anotheraccount   ignore (1)   2018 May 23, 8:21pm   ↑ like (0)   ↓ dislike (0)   quote        

Hassan_Rouhani says
getting trade concessions
What trade concessions exactly did we get? I thought he wanted to reduce the trade deficit by something like $300B.
48   Hassan_Rouhani   ignore (2)   2018 May 23, 8:31pm   ↑ like (0)   ↓ dislike (0)   quote        

anotheraccount says
Hassan_Rouhani says
getting trade concessions
What trade concessions exactly did we get? I thought he wanted to reduce the trade deficit by something like $300B.


Loosening of ag and auto exports. And Chinese got nothing. Getting nothing doesn't make one "stronger".
As for reducing the deficit by $300B: this is a move in that direction. The same move can be done over and over again using many US-dependent Chinese companies as leverage.
49   anotheraccount   ignore (1)   2018 May 24, 8:10am   ↑ like (0)   ↓ dislike (0)   quote        

There goes the argument that China was helping Trump with North Korea.
50   bob2356   ignore (1)   2018 May 24, 10:27am   ↑ like (1)   ↓ dislike (0)   quote        

anotheraccount says
There goes the argument that China was helping Trump with North Korea.


Looks more like NK was helping china with trump. 9D chess oriental style.
51   Feux Follets   ignore (0)   2018 Jun 13, 3:39am   ↑ like (0)   ↓ dislike (0)   quote        

Republican senators move to block Trump’s deal to revive ZTE. "The death penalty is an appropriate punishment," Sen. Tom Cotton (R-Ark.) says.

Now a bipartisan group of US senators is seeking to reverse Trump's decision and re-impose the export ban. The Wall Street Journal reports that the legislators have reached a deal to attach a ZTE export ban to the National Defense Authorization Act, a "must-pass" bill that authorizes funding for the military.

Supporters of the amendment include Democratic minority leader Chuck Schumer and at least two Republican Senators—Sen Tom Cotton (R-Ark.) and Sen. Marco Rubio (R-Fla.). In the closely divided Senate, just a handful of Republican defections can be enough to give critics of President Trump a majority.

Cotton acknowledged to the WSJ that the export ban might force ZTE out of business. "The death penalty is an appropriate punishment for their behavior," he said.

If the defense bill passes the Senate with the ZTE amendment attached, it would then go to the House of Representatives, which has already passed the legislation without ZTE language included. Negotiators from the two houses would then have to decide whether to include the ZTE language in the final version of the legislation.

The final bill will then go to Trump's desk for his signature. Trump could veto it, but that would set up an awkward confrontation with the Republican-controlled Congress and could delay funding for the military.

More: https://arstechnica.com/tech-policy/2018/06/republican-senators-move-to-block-trumps-deal-to-revive-zte/?comments=1

From the comments: "I'll believe corporations are people when the state of Texas executes one."

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