The largest criminal monitorship in U.S. history has ended. On March 22, 2022 a U.S. judge ruled that Chinese telecommunications giant ZTE Corporation had completed the terms of its five-year probation.
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to say. president trump answered that question a short time ago. your allies pressuring you in the trade war with china? no. not really. nobody would tell me that. . [ inaudible ] for sure. second thoughts. might as well. do you have second thoughts about he escalatinescalating i have second thoughts about everything. i could declare a national emergency. the last part of his answer there deals with the 1977 law, the economic powers act. the national emergency that he would have to declare if there was a threat to the country on economic terms. this is an obscure part of the law and the president is asserting that if he believes that china was such an economic threat that he could then require private u.s. companies
the purpose of it is to boost powers when the ordinary powers are constrained or limited or when doing it legislatively it s too cumbersome. to respond to your second question first, yes, it s totally a viable option. it s really not that rare or uncommon. right now there are 30 states of emergency that have been declared. some have been in effect for years. all but two fall under the international economic powers act. so the president called it an invasion. i also want to point out there s an ability to draw on that to issue one without actually even having that level of rhetoric, frankly. all that s required is forces are outside of the united states. that s why the white house still controls exports. started under reagan. passed from every single president. congress is supposed to convene every six month during one of those state of emergency declarations. how many times have they met? zero. so it s up to them to come in