In An Epic Flip Flop, President Trump To Try And Save Jobs At ZTE
Multiple media outlets are reporting that US President Donald Trump is working to save jobs at Chinese phonemaker ZTE. This after the Trump Administration has been working to smack them around pretty hard. As is typical for Trump, he said this via a Tweet:
President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done!
— Donald J. Trump (@realDonaldTrump) May 13, 2018
The only thing that could be responsible for this is the upcoming meeting between Trump and North Korean leader Kim Jon Un. He likely needs the Chinese to help him get the North Koreans on side with the rest of the planet. Like many things that this administration does, this could flip on a moments notice, thus we’ll have to see what happens next. Because anything could happen.
UPDATE: Another possibility is that ZTE is a bargaining chip in trade talks between the US and China.
May 29, 2018 at 1:00 pm
[…] Administration punished ZTE to the point that ZTE was going to shut down. Then President Trump says he’s going to save ZTE because too many jobs in China have been lost. Now, President Trump put this out […]