What do you think? Leave a respectful comment.

News Wrap: Trump floats idea of ‘very large fine,’ other penalties for ZTE

In our news wrap Tuesday, President Trump talked of a new way to penalize Chinese telecom giant ZTE. The president faces bipartisan criticism that he's giving in to Chinese pressure. Also, Palestinian leaders appealed for the international criminal court to investigate alleged crimes by Israel. Israel fired back, accusing the Palestinians of inciting the violence.

Read the Full Transcript

  • Judy Woodruff:

    There's new uncertainty tonight about President Trump's planned summit with North Korea's Kim Jong-un.

    Mr. Trump met today with South Korea's leader, and said the meeting with Kim might be delayed. That's after the North had threatened to cancel it. We will have a full report after the news summary.

    The president also talked today of a new way to penalize the giant Chinese telecom company ZTE. Last month, the company was barred from importing American parts, after it admitted shipping U.S. technology to Iran.

    In recent days, Mr. Trump suggested easing that ban. Today, he floated a new plan.

  • President Donald Trump:

    What I envision is a very large fine of more than a billion dollars. Could be a billion-three. I envision a new management, a new board and very, very strict security rules. And I also envision that they will have to buy a big percentage of their parts and equipment from American companies.

  • Judy Woodruff:

    The president faces criticism in Congress, from both parties, that he's giving in to the Chinese government's pressure.

    Palestinian leaders appealed today for the International Criminal Court to investigate alleged crimes by Israel. They cited military killings along the Gaza border and Israeli settlement policies. Israel called the action outrageous, and charged the Palestinians have incited the violence.

    In Afghanistan, a blast in Kandahar killed 16 people, when security forces tried to dispose of a container full of explosives; 38 others were wounded. Dozens of stores and homes were destroyed or damaged by the explosion. The bombs were found in a cluster of car mechanic shops in the southern city.

    Facebook founder and CEO Mark Zuckerberg confronted tough questioning outside the U.S. today. He testified before the top European lawmakers in Brussels.

    Andy Davies of Independent Television News filed this report.

  • Andy Davies:

    It began with a handshake with the president of the European Parliament, who looked like he meant business.

    And he went on to tell the Facebook boss that democracy can't be turned into a marketing operation. And then, in the meeting with the Parliament's political leaders came Mr. Zuckerberg's familiar opening statement.

  • Mark Zuckerberg:

    We didn't take a broad enough view of our responsibility. And that was a mistake. And I'm sorry for it.

  • Andy Davies:

    It was an apology in which someone in the room clearly knew it was coming.

  • Guy Verhofstadt:

    The fact that maybe you have maybe less control or no control about your own company for the moment, because you have to apologize now. I think, in total, you apologized now 15 or 16 times the last decade.

  • Andy Davies:

    The format was a succession of questions first before a note-taking, listening Mark Zuckerberg, who gave the follow assurances on the recurring theme, fake news and the integrity of elections.

  • Mark Zuckerberg:

    In 2016, we were too slow to identify Russian interference on Facebook in the U.S. presidential election.

  • Andy Davies:

    This week, European Union introduces its landmark general data protection regulation rules, or GDPR, whereby organizations will need explicit consent before processing E.U. citizens' data.

  • Mark Zuckerberg:

    A number of you asked when we expect to be fully compliant with GDPR Regulations. We do expect to be fully compliant on May 25.

  • Andy Davies:

    Questioned, too, over concerns of political bias was influencing Facebook, he countered with this:

  • Mark Zuckerberg:

    We will — we have never and will not make decisions about what content is allowed or how we do ranking on the basis of a political orientation.

  • Andy Davies:

    Next stop, Paris and a meeting with the French president.

  • Judy Woodruff:

    That report from Andy Davies of Independent Television News.

    The president of Venezuela has expelled the top U.S. diplomat in the country and his deputy. Nicolas Maduro claimed today that they have conspired against his government. The White House has called Maduro's election win on Sunday a sham.

    Back in this country, Texas Governor Greg Abbott began a series of roundtables on school safety. This follows Friday's shooting that left 10 people dead, eight of them high school students, in Santa Fe, Texas. Abbot met today with school safety experts and law enforcers. He will also speak with lawmakers, community leaders and victims.

    The U.S. House gave final approval today to relaxing the Dodd-Frank banking law passed after the 2008 financial crisis. The new law will ease rules on community and regional banks.

    And on Wall Street, uncertainty over trade talks had an effect. The Dow Jones industrial average lost nearly 179 points to close at 24834. The Nasdaq fell 15 points, and the S&P 500 slipped eight.

    Still to come on the "NewsHour," the high-stakes summit with North Korea now in question; a House Freedom Caucus leader on the divide in the GOP; Chicago, where passing grades is not the only requirement for graduation; and much more.

Listen to this Segment

The Latest