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.
Make America Great Again. That President Trump sure goes out of his way for the forgotten people of America.
and Carrier Air conditioning would very much like a word with Mr President. Maybe if they could block him from building his next hotel...
Seriously, the amount of open corruption and violations of the emoluments clause on display here is insane. And at the rate this guy is going he's on track to get reelected when the Dems run Hilary Bot 2.0 in 2020...
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Trump's announcement that he would be saving Chinese jobs came just days after China funded a Trump project in China, with half a billion dollars of that sweet, sweet cash.