Schumer Response to Joint US-China Trade Statement

May 19, 2018

Washington, D.C. – U.S. Senator Chuck Schumer today released the following statement regarding ongoing negotiations between the United States and China:

“The key to a strong agreement is protecting our intellectual property here in America and stopping the Chinese from keeping out our best goods until we hand over our trade secrets and know how in such things as required joint ventures. The joint statement has nothing specific on those fronts and no amount of immediate and short term purchases of American goods will make up for that.

“Furthermore, there is no mention of ZTE. If the administration capitulates on ZTE and allows it to continue to exist, even if they are fined - they’ve been fined once already - that will signal to President Xi that we are weak negotiators."