Trump Says He Supports Selling U.S. Jet Engines to China
February 18 2020 - 12:25PM
Dow Jones News
By Ted Mann
WASHINGTON -- President Trump said Tuesday that he would support
the continued export of U.S.-made jet engines to China, taking
sides in a continuing dispute within the administration about
restricting high-tech exports over piracy concerns.
"We don't want to make it impossible to do business with us,"
Mr. Trump said in a series of tweets Tuesday morning. "That will
only mean that orders will go to someplace else. As an example, I
want China to buy our jet engines, the best in the World."
The tweet suggested that Mr. Trump had come down on the side of
General Electric Co. in a debate within his administration, where
some hard-liners on China had hoped to halt the export of jet
engines being manufactured for a new Chinese-made airliner, the
Comac C919.
The White House didn't immediately respond to a request for
comment.
GE co-produces the engines in a joint venture with Safran SA of
France. It has privately argued that the exports should be allowed
to continue, contending fears that the engines could be
reverse-engineered were overblown, people familiar with the
discussions said.
Mr. Trump's Tuesday-morning tweet stream didn't explicitly
mention another internal debate about limiting Chinese access to
chip-making technology. The Wall Street Journal has reported that
officials in the administration are considering new trade
restrictions aimed at cutting off Chinese access to semiconductor
technology.
Mr. Trump didn't directly address the semiconductor issue in his
tweets. But the industry thought Mr. Trump's overall message that
he didn't want to make it "impossible to do business with us" was a
sign that he would oppose new restrictions on their China
sales.
"We applaud President Trump's tweets supporting U.S. companies
being able to sell products to China and opposing proposed
regulations that would unduly curtail that ability," said John
Neuffer, chief executive of the Semiconductor Industry Association,
in a written statement on Tuesday. "As we have discussed with the
Administration, sales of non-sensitive, commercial products to
China drive semiconductor research and innovation, which is
critical to America's economic strength and national security."
Write to Ted Mann at ted.mann@wsj.com
(END) Dow Jones Newswires
February 18, 2020 12:10 ET (17:10 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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