Secretary Ross Says Department Will Be Considering ‘Alternative Remedies’ On ZTE - FbiCables Network | The News that Shapes World Opinion

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Wednesday, May 16, 2018

Secretary Ross Says Department Will Be Considering ‘Alternative Remedies’ On ZTE

Commerce Secretary Wilbur Ross says the department will be exploring “alternative remedies” to punish the Chinese company ZTE for defying trade sanctions.
In a statement Monday, Ross noted taking action on ZTE is a different issue than the trade dispute with China.
He also said the “gap remains wide” in relation to trade negotiations, but expressed hope that President Trump’s relationship with his Chinese counterpart will help lead to an agreement.
U.S. Commerce Secretary Wilbur Ross leaves his hotel in Beijing, Friday, May 4, 2018. A high-powered U.S. delegation met for a second day of talks with Chinese officials on defusing tensions that are propelling the world’s largest two economies toward a trade war. (AP Photo/Mark Schiefelbein)
Ross indicated the Commerce Department will be reviewing previous action on ZTE in the near future.
“ZTE did do some inappropriate things, they’ve admitted to that,” said Ross. “The question is are there alternative remedies to the one that we had originally put forward, and that’s the area we will be exploring very, very promptly.”
Ross went on to praise President Trump for fulfilling his campaign promises and making trade more fair with China.

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