, Columnist
ZTE’s Get-Out-of-Jail-Free Card
Any quid pro quo on agriculture would set a dangerous precedent.
Photographer: aiqingwang/Moment RF/Getty Images
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While the world waits to see whether North Korea will agree to dismantle part of its nuclear arsenal in return for a rapprochement with the U.S., Washington appears to be planning a unilateral disarmament on trade.
The U.S. and China are closing in on a deal that would suspend American sanctions on Chinese mobile phone-maker ZTE Corp. in return for Beijing not imposing tariffs on U.S. farm goods, the Wall Street Journal reported Monday, citing people it didn’t name who’d been briefed on the plan.