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China's top diplomat calls for U.S. restraint on trade, Iran

Published 05/18/2019, 01:55 PM
Updated 05/18/2019, 01:55 PM
© Reuters. Chinese Foreign Minister Wang Yi meets Iranian Foreign Minister Mohammad Javad Zarif at Diaoyutai State Guesthouse in Beijing

© Reuters. Chinese Foreign Minister Wang Yi meets Iranian Foreign Minister Mohammad Javad Zarif at Diaoyutai State Guesthouse in Beijing

SHANGHAI (Reuters) - China's senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo on Saturday that recent U.S. words and actions had harmed the interests of China and its enterprises, and that Washington should show restraint, China's foreign ministry said.

Speaking to Pompeo by telephone, Wang said the United States should not go "too far" in the current trade dispute between the two sides, adding that China was still willing to resolve differences through negotiations, but they should be on an equal footing.

On Iran, Wang said China hoped all parties will exercise restraint and act with caution to avoid escalating tensions.

U.S. State Department spokeswoman Morgan Ortagus said in a statement that Pompeo spoke with Wang and discussed bilateral issues and U.S. concerns about Iran, but gave no other details.

Tensions between Washington and Tehran have increased in recent days, raising concerns about a potential U.S.-Iran conflict. Earlier this week the United States pulled some diplomatic staff from its Baghdad embassy following attacks on oil tankers in the Gulf.

China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world's two largest economies would be meaningless unless Washington changed course.

The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of backtracking on promises made during months of talks, and the Trump administration level a potentially crippling blow against one of China's biggest and most successful companies.

The United States announced on Thursday it was putting Huawei Technologies Co Ltd, the world's largest telecoms equipment maker, on a blacklist that could make it extremely hard to do business with U.S. companies.

The U.S. Commerce Department then said on Friday it may soon scale back restrictions on Huawei. It said it was considering issuing a temporary general license to "prevent the interruption of existing network operations and equipment."

© Reuters. Chinese Foreign Minister Wang Yi meets Iranian Foreign Minister Mohammad Javad Zarif at Diaoyutai State Guesthouse in Beijing

Potential beneficiaries of this license could, for example, include telecoms providers in thinly populated parts of U.S. states such as Wyoming and Oregon that purchased network equipment from Huawei in recent years.On Friday, Chinese foreign ministry spokesman Lu Kang, asked about state media reports suggesting there would be no more trade negotiations, said China always encouraged resolving disputes with the United States through dialogue and consultations.

Latest comments

China has been pick-pocketing the US for far too long. Thank You Trump forfinaling standing up to the big bully.
Failing to justify Donnie's spying story as there is simply no proof to it, some try to argue it is right to do this as China has been stealing US IP. Again, truth is all companies, including US companies, extract IP from each other. Just pointing fingers at China is only shifting blame & utterly hypocritical. By the way, Huawei is leader in 5G & other areas. Can Huawei becomes leader if all it does is copy? Unfortunately imposing punitive actions without proof damages US' reputation badly.
Often not many are interested in proof they blindly follow and trust empty words. As louder the dog barks as more convincing he is. The issue is not new and it's true all have corps in their basement. But you need scapegoat to point fingers away from yourself. This scheme is so old and never changed....
I believe that Pres. Trump is an embarrassment to this nation, but on this front I feel that he's taking the exact course he should be.  He's doing it in a pretty clumsy and sometimes ugly way, but he's doing it.
Actually, Paul Thompson’s comment is more accurate. Past weakness from both Dems and GOP.
Realuty check for China. Now dealing with a real leader. No more weak Dems.
Unfortunately, Due to past administrations, Dem and Rep. that has allowed this to go on for so long President Trump has had to make the hard decisions. China has been allowed to steal our IP at increasing levels for years along with preventing fair value trade which has brought us to where we are today. This country just considered it a cost of doing business.   Notice most acknowledge this is not fair but then say we should not upset China with tariffs, we should continue to do things they way they have always been done (just talk). Well, thank you, President Trump, for making the businessman decision not the politician decision of trying to please everyone. MAGA!
Donnie's reckless attempt of trying to cripple huawei without being able to give any proof huawei is spying for China has severely damaged US reputation. Donnie has shown US administrative powers can be abused for political expediency. While some might think we can cheer the notion we'll hurt China & huawei in short term, the long term effect is damaging to US itself. It will drive other countries to distrust US. Who would want to rely on US companies business in future knowing US government could just pull the plug anytime they like without prove of wrongdoing. Motions have unfortunately been set for the world to move away from US. Even European leaders have made such calls. Donnie has dragged US name to the mud.
They have no proof bc  Huawei is very good at spying.  Of course they will not admit to spying since they know no one can find the spys.  BUt Huawei has been caught trying to steal IP and technology.  So indirectly they know Huawei is up to no good.
Time for both U.S. & China to calm down, think rationally about future generations, & find a common ground! Hot headed tweets won't resolve anything in a world where globalization is the future! Tariffs likely to hurt hard working Americans until we start importing from other Asian countries that can sell stuffs at a price as low as China's...
The mainland China is more clam than the USA. Mr.President wants his demands than comprising equally. This would not work out for China that won't knee on Trump remarkably.
I would like to see fair trading practices out of both counties. This is a Big deal and shouldn’t be taken lightly.
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