In Concession, Trump Will Help China's ZTE 'Get Back Into Business'

  • 6 years ago

On Sunday, U.S. President Donald Trump said that he will help Chinese technology company ZTE Corp “get back into business, fast,” after being crippled by a U.S. ban. ZTE suspended its main operations after the U.S. Commerce Department banned American companies from selling to the firm for seven years. The punishment against ZTE was for breaking an agreement reached after it was caught illegally shipping U.S. goods to Iran.