U.S. 'looking for a deal' with China on trade -WHouse adviser

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As the USA government began three days of hearings on the tariffs Tuesday, Chinese Vice Premier Liu He traveled to Washington to seek a resolution to the trade dispute.

This week's meetings follow U.S. The president has pointed to the US trade deficit ($566 billion last year) as a sign of economic weakness caused by disastrous agreements and abusive behavior by China and other countries.

Before the delegation's arrival, a Chinese working group arrived in the United States last week and engaged in intense consultations with the USA side.

Tom Cotton, R-Ark., has written a invoice banning the USA authorities from contracting with ZTE or one other China telecom, Huawei, used Trump's most popular mode of communication to criticize Trump's said curiosity in easing penalties on ZTE.

"The United States and China are the two biggest economies in the world". A similar high-level US delegation made a trip to Beijing earlier this month and returned empty-handed. He said one misstep could blow the whole thing apart and "doom generations of Americans to living in a world, not one with a powerful China, one with a dominant China and a declining America".

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Senate Minority Leader Chuck Schumer of NY lambasted Trump for going easy on a company that violated US sanctions.

Senators on either side of the aisle are urging President Donald Trump to not go straightforward on Chinese language telecom firm ZTE after pleasant tweets over the previous few days prompt he's keen to raise sanctions on the agency.

Trump has long-promised to crack down on China and raised concerns about an all-out trade war after threatening $150 billion in tariffs and prompting China to retaliate.

"A reversal of the ZTE decision could temporarily tamp down trade tensions by allowing the Chinese to make concessions to the USA without losing face", said Eswar Prasad, a professor of trade policy at Cornell University. They have been making hundreds of billions of dollars a year from the US, for many years. Marco Rubio, R-Fla., tweeted Sunday that it would be "crazy" to allow ZTE to operate in the US without tighter restrictions.

Top Senate Democrat Chuck Schumer accused Trump of "backing off" and "doing a 180 on China".

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Shah also pushed back on the idea that Trump was retreating from his campaign promise to be tough on China.

Rubio said China won't play by the rules. US companies that export to China have had goods held up in China's ports.

Commerce last month accused ZTE of violating the agreement and blocked the company from importing American components for seven years.

China on Monday welcomed Trump's comments.

"We greatly appreciate the US's positive position on the ZTE issue and are in close communication with country on the details of the issue", said Lu Kang, spokesperson of China's foreign ministry. "We are now in close communication over details of the implementation". ZTE agreed to plead guilty and pay about $1 billion in fines. "He has my support", Kudlow said, adding that no agreement had been reached yet.

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Ross last month accused ZTE of misleading the department and warned, "This egregious behavior can not be ignored".