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American supervigs. the company has a new board of director, new management within 30 days, american chosen compliance team embedded in this chinese company. the commerce secretary hailing this as the first time a major foreign company will have on the ground oversight to make sure it stays in compliance with u.s. export control rules and doesn t cheat. why does it need a baby-sitter? because zte violated u.s. sanctions, selling its products to iran and north korea, caught, fined, then the company lied about punishing those violators. on top of that, security experts have warned that zte phones are a national security threat. zte s majority shareholder is the chinese state run company. in april, the pentagon, remember, banned sales of zte phones on u.s. military bases to protect against spying. this deal reverses a commerce department ban that would have essentially put it out of business, the president, remember, he tweeted he was concerned about chinese jobs ....
Would tout and i bet if hillary clinton was the president and you were a communications director, you would be sitting in this chair and not that one touting the same thing. i would probably be excited about her numbers. and also the push/pull of the polls and we re five months out from the midterms. there is a battle when it comes to congress, there is a push/pull in all of it. let s believe polls. coming up, we have breaking news this morning, president trump unveiling a deal to safe jobs in china. issuing a lifeline to sanction tech company zte and it comes as president trump reportedly is complaining about having to attend another summit with u.s. allies. that s next. ....
Services from huawei or zte, none of you would. raise your hand if you would recommend that private american citizens use huawei or zte products or services? none of you are raising your hand. that s n that s not like ten years ago. with this deal, is the danger past or as christine romans put it did the trump administration trade national security for a trade deal? i think this is the first shot in what is going to be a very long battle, possibly a war with china over the high tech industries of the future. the trump administration flip-flopped as you know on zte, back and forth, and that sent a disturbing message to many in the u.s. and certainly some in china. i think that these state-owned companies do pose a legitimate concern that something i heard from a lot of business leaders. what is interesting and what is tricky for the u.s. is that they are now very much a part of our supply chain. many u.s. companies, many ....
Being lost. this is it is clear, the zte is an important piece of ongoing trade negotiations with china. this clears the way for more discussions of china buying more american products to shrink the huge trade deficit, the trade deficit the president hates. but it raises the question, kate, has the white house exchanged a trade win on zte for a national security risk. fascinating. this is not something that many republicans on capitol hill have been happy about. thank you so much. kaitlan, to kaitlan collins at the white house now. this deal comes just before, as we mentioned, the president is heading to canada for the g-7 summit and all this reporting that the president is not so happy about going. is this it makes me wonder if this announcement is going to help. reporter: well, it certainly may not. the president is going to the summit after he made a decision that has enraged some leaders going to be there. that decision to impose those steel and aluminum tariffs on some of ....
Security threats and using the national security provisions in u.s. law as part of these discussions, they are properly applied to china, they are not properly applied to canada, and mexico, our neighbors to the north and the south and our long time ally. i would caution policymakers to be using these national security provisions in the right way. let s remind folks what national security leaders have said about zte, rana. this isn t lawmakers or critics of the president, this is real national security concerns from real national security leaders. listen to this. we re deeply concerned about the risks of allowing any company or entity that is beholden to foreign governments that don t share our values to gain positions of power inside our telecommunications networks. you need to look long and hard at companies like this. will you please raise your hand, if you use products or ....