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Mr. Bolton also mentions ZTE, the Chinese telecommunications giant that was convicted of evading sanctions on Iran and North Korea and then faced new penalties for further violations during its follow-up consent decree. During a conversation on trade with President Xi Jinping of China, Mr. Trump offered to lighten the penalties.
"Xi replied that if that were done, he would owe Trump a favor and Trump immediately responded he was doing this because of Xi," Mr. Bolton writes. He called himself "appalled" and "stunned" by the idea of intervening in a criminal investigation to let a sanctions buster off the hook. In the end, at Mr. Trump's behest, the Justice Department accepted a $1 billion fine and lifted a seven-year ban on buying American products, an act of lenience that saved the company from going out of business.
A new allegation in the book accuses Mr. Trump of "pleading" with Mr. Xi to help him win re-election by buying American agricultural products, which would help the president in farm states. Mr. Trump did not deny it when asked about the matter on Wednesday night by Sean Hannity on Fox News, but Robert Lighthizer, his trade representative, did on his behalf earlier in the day, saying it was not true.
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Posted by Erin Burnett to Trang Ánh Nam at June 19, 2020 at 8:59 AM
Mr. Bolton also mentions ZTE, the Chinese telecommunications giant that was convicted of evading sanctions on Iran and North Korea and then faced new penalties for further violations during its follow-up consent decree. During a conversation on trade with President Xi Jinping of China, Mr. Trump offered to lighten the penalties.
"Xi replied that if that were done, he would owe Trump a favor and Trump immediately responded he was doing this because of Xi," Mr. Bolton writes. He called himself "appalled" and "stunned" by the idea of intervening in a criminal investigation to let a sanctions buster off the hook. In the end, at Mr. Trump's behest, the Justice Department accepted a $1 billion fine and lifted a seven-year ban on buying American products, an act of lenience that saved the company from going out of business.
A new allegation in the book accuses Mr. Trump of "pleading" with Mr. Xi to help him win re-election by buying American agricultural products, which would help the president in farm states. Mr. Trump did not deny it when asked about the matter on Wednesday night by Sean Hannity on Fox News, but Robert Lighthizer, his trade representative, did on his behalf earlier in the day, saying it was not true.
Unsubscribe from comment emails for this blog.
Posted by Erin Burnett to Trang Ánh Nam at June 19, 2020 at 8:59 AM
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