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US Reaches Deal To Keep Chinese Telecom ZTE in Business (reuters.com)
The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday. From a report: The deal, communicated to officials on Capitol Hill by the Commerce Department, requires ZTE to pay a substantial fine, place U.S. compliance officers at the company and change its management team, the aide said. The Commerce Department would then lift an order preventing ZTE from buying U.S. products.
ZTE was banned in April from buying U.S. technology components for seven years for breaking an agreement reached after it violated U.S. sanctions against Iran and North Korea. The Commerce Department decision would allow it to resume business with U.S. companies, including chipmaker Qualcomm Inc.
ZTE was banned in April from buying U.S. technology components for seven years for breaking an agreement reached after it violated U.S. sanctions against Iran and North Korea. The Commerce Department decision would allow it to resume business with U.S. companies, including chipmaker Qualcomm Inc.
This will keep thousands of Chinese from losing their jobs, meaning they won't try to illegally immigrate to America. You have to see the big picture here.
True enough. And this will actually save the US a bunch of money as building a wall across the Pacific would be *really* expensive - unless Trump could get China, or Mexico, to pay for it.
It must have been something you assimilated. . . .