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Trump throws ZTE curveball as big week for US-China trade begins

With his pledge to save a major Chinese company from crippling US sanctions, President Donald Trump has delivered yet another twist in the trade clash with Beijing.

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Trump throws ZTE curveball as big week for US-China trade begins


His announcement on Twitter that he’s working to give China’s ZTE “a way to get back into business, fast” was a sudden shift in the US stance at the start of a big week for trade ties between the world’s top two economies.

 Washington and Beijing have threatened to impose tariffs on tens of billions of dollars of each other’s products, fueling fears of a full-blown trade war.

Talks in Beijing earlier this month aimed at dialing down the tensions failed to produce any major breakthroughs. But Chinese President Xi Jinping’s top economic adviser is heading to Washington this week for more negotiations.

American companies will also have a chance to publicly tell the Trump administration what they think about its planned tariffs on Chinese goods.

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This Article was written by CNN

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