Friday 25 May 2018

Trump administration tells Congress it has deal to save ZTE

The US government should soon act on its promise to give ZTE another chance following its revived export ban. The New York Times has learned that the Trump administration has informed Congress of a Commerce Department deal that would let ZTE take American exports as long as it accepted new penalties. It would have to pay a "substantial" fine, shake up its management team and hire American compliance officers to keep it on the straight and narrow.

Source: New York Times


Trump administration tells Congress it has deal to save ZTE posted first on https://www.engadget.com

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