President Trump Pledges To Help China's ZTE, After Ban (usatoday.com)

President Trump said Sunday that he and Chinese President Xi Jinping are working to put the troubled Chinese telecom manufacturer ZTE back in business. From a report: "President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast," Trump said in a message on Twitter. "Too many jobs in China lost. Commerce Department has been instructed to get it done!" ZTE, maker of Android phones popular with budget-minded consumers, said Wednesday that it would cease "major operating activities," raising questions not only about its survival, but the impact on U.S. consumers who have previously bought or were thinking of buying ZTE phones. The announcement followed a decision last month by the U.S. Commerce Department, which banned American companies from exporting products to the Shenzhen, China-based telecom firm for seven years.

Comments

Re:Smells like BS

[postmortem]

It is not about US market, it is about now being illegal for US companies to license software (like Google Play) and hardware (like CPU chips) to ZTE.

Re:MCGA?

[AmiMoJo]

http://www.bbc.com/news/busine...

"Beijing has made resolving the situation with ZTE, which employs about 80,000 people, one of its demands for striking a broader trade agreement with with US."

Trump has no choice, other than to burn the whole deal. We know he doesn't like to lose.