Donald Trump trumped as US Senate votes to reinstate ZTE ban

Donald Trump trumped as US Senate votes to reinstate ZTE ban

6 years ago
Anonymous $cyhBy-qkd5

https://www.theregister.co.uk/2018/06/19/us_senate_votes_to_reinstate_zte_ban/

The United States Senate has passed an amendment that reinstates the ban on Chinese telecoms concern ZTE doing business with US-based companies.

President Trump said he’d secured a reversal of the ban as a personal favour to Chinese president Xi Jinping in the hope that the show of good faith would ease trade negotiations between the two nations. ZTE was banned from dealing with US firms for flouting laws about exporting to Iran and North Korea. The ban cut ZTE off from critical component-makers like Qualcomm and led to it shuttering production lines and resellers dumping its products.