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Thursday, 25 April 2024
Wednesday, 19 Feb 2020 12:00 pm

Trump blasts proposed United States restrictions over sale of jet parts to China

In a series of tweets and in comments to reporters on Tuesday, Trump said national security concerns, which had been cited as reasoning for the plans, should not be used as an excuse to make it difficult for foreign countries to buy U.S. products.

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President Donald Trump objected on Tuesday to U.S. proposals that would prevent companies from supplying jet engines and other components to China’s aviation industry and suggested he had instructed his administration not to implement them.

In a series of tweets and in comments to reporters on Tuesday, Trump said national security concerns, which had been cited as reasoning for the plans, should not be used as an excuse to make it difficult for foreign countries to buy U.S. products.

The president’s comments came after weekend reports by Reuters and other news media that the government was considering whether to stop General Electric Co (GE.N) from further supplying engines for a new Chinese passenger jet.

The president’s intervention illustrated that, at least in this case, he would prioritize economic benefits over potential competitive pitfalls and national security concerns.

His views on the issue contrasted with the sharp restrictions his administration has placed on U.S. companies trading with Huawei Technologies, the world’s largest telecommunications equipment maker, also for national security reasons.

“We’re not going to be sacrificing our companies ... by using a fake term of national security. It’s got to be real national security. And I think people were getting carried away with it,” Trump told reporters at Joint Base Andrews before departing for a trip to California.

“I want our companies to be allowed to do business. I mean, things are put on my desk that have nothing to do with national security, including with chipmakers and various others. So we’re going to give it up, and what will happen? They’ll make those chips in a different country or they’ll make them in China or someplace else,” he said.

The United States has supported American companies’ business with China’s aviation sector for years.

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Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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