US, China Continue Trade Talks, Including on Telecoms Sanctions Row
US President Donald Trump announced on Sunday 13
May that he would be working with his Chinese counterpart to help Chinese
telecommunications giant ZTE, after the US Commerce Department’s recent move to
block the company from purchasing American-made components for seven years.
After Trump’s tweet, White House principal deputy
secretary Raj Shah commented
on the issue, saying that the ZTE ban is only “part of a very complex
relationship between the United States and China that involves economic issues,
national security issues, and the like.”
Chinese officials publicly welcomed the comments
from the US leader. “We highly appreciate these positive remarks on the ZTE
issue, and we are currently in close communication with them on how exactly to
implement it,” said
China’s Foreign Ministry Spokesperson Lu Kang.
Background
Last month, the US Department of Commerce issued
a “denial order” requiring US companies to stop exporting parts or providing
services to ZTE through 2025.
The US government agency claimed that the move was
necessary in light of ZTE’s alleged violations of a prior agreement, in which the
company agreed to pay a US$1.19 billion penalty for shipping ZTE equipment with
US-made components to Iran and North Korea, despite existing American sanctions
on those countries.
According to the Commerce Department, the problem
was compounded by ZTE allegedly issuing “false statements” and taking other
steps that breached the 2017 deal, “including through preventing disclosure to
and affirmatively misleading the US Government.”
Following the denial order in April, Gao Feng, the spokesman of the Chinese Ministry of Commerce
(MOFCOM), said
that Beijing officials will “follow the situation closely” and “take necessary
measures anytime to protect the rights of Chinese companies.”
In a separate statement, a MOFCOM spokesperson noted
that ZTE carries out “extensive trade and investment cooperation with hundreds
of American enterprises, providing tens of thousands of jobs to the US.”
“China hopes the US would handle it properly
according to the laws and policies, and create a fair, [just], and stable
environment of laws and policies for the enterprises,” the statement added.
Management officials from ZTE claim that the
company was working to meet the terms of the Commerce Department deal,
including building a team of export control compliance experts and investing
considerable resources, and has made significant progress in recent years.
“It is unacceptable that BIS (US Bureau of Industry
and Security ) insists on unfairly imposing the most severe penalty on ZTE even
before the completion of investigation of facts, ignoring the continuous
diligent work of ZTE and the progress we have made on export compliance,” says
the company’s statement. BIS refers to a branch of the Commerce Department.
The company claims that the US ban on exporting
components for ZTE use have significantly hampered company operations. An
inside information note from the ZTE’s board of directors announced that, after the US measures were enacted, “major
operating activities” of the company “have ceased.”
Industry players
ZTE ranks among the largest telecommunications
companies worldwide, responsible for 75,000 jobs, along with being a major
provider of smartphones in the United States.
As a result of the denial order, the Chinese tech
giant cannot buy electronic chips produced by US-based companies such as Intel
and Qualcomm and optical components from Lumentum,
nor from smaller companies that produce other telecommunications equipment.
Some officials, including Trump, have suggested
that the ban may be having an adverse effect on US producers who provide these
inputs. “ZTE, the large Chinese phone company, buys a big percentage of
individual parts from US companies,” said
Trump on Twitter.
The ZTE statement after the denial order warns
that the policy “will not only severely impact the survival and development of
ZTE, but will also cause damages to all partners of ZTE including a large
number of US companies.”
Huawei, another Chinese company that plays a
significant role in the global telecommunications market, is also reportedly
under investigation by the US government, on similar grounds.
Bilateral tensions between the US and China on
technology products are not new. As early as 2012, a US congressional
investigative report claimed
that “Huawei and ZTE cannot be trusted to be free of foreign state influence
and thus pose a security threat to the United States and to our systems” – a
charge that both companies have countered.
Wider negotiations in the background
The ZTE situation comes amid a wider range of
escalating trade tensions between the world’s two largest economies, which have
grown in the past several months.
The two sides have publicly sparred over the US’
“Section 232” duties on imported steel and aluminium
exports, which are almost global in application, barring a few country
exceptions. The US has also threatened action in response to allegations of
forced transfer of American technology to Chinese companies. Meanwhile, China
has imposed duties on a list of goods imported from the US, in response to
these actions.
More broadly, US officials have been openly
critical of the US$375 billion goods trade deficit with China, as well as some
of the Asian economy’s commercial practices.
The two sides have been negotiating on how to
address the deficit and other topics, offering competing lists of requests to
address their respective trade concerns.
China’s Vice Premier Liu He is visiting the US this
week to discuss bilateral trade issues with US officials, including reportedly
Treasury Secretary Steven Mnuchin.