Trump administration officials are abandoning their threat to raise tariffs to 25 percent on $200 billion of Chinese goods. While the Chinese tariff issue may be receding, a real sticking point between President Trump and Chinese President Xi Jinping will remain and fester: whether the Chinese are compromising U.S. national security. The conservative leaders say the joint venture between Allegheny and Tsingshan hasn’t yet been reviewed by the Committee on Foreign Investment in the United States (CFIUS). Executive Vice President Robert Wetherbee told the Pittsburgh Tribune-Review that the Chinese will not have access to cutting-edge technology because of the joint venture. Wetherbee says the firm has provided U.S. officials with all of the information on the proposed joint venture and is willing to cooperate with any investigation.

Source: Fox News March 02, 2019 23:15 UTC