ZTE allowed to temporarily resume some US business

ZTE allowed to temporarily resume some US business

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnet.com/news/zte-reportedly-allowed-to-temporarily-resume-some-us-business/

The Trump administration will let ZTE resume some business activities temporarily while it considers ending a seven-year ban against the embattled Chinese phone maker.

The authorization (see below), issued by the Commerce Department's Bureau of Industry and Security, grants a waiver to some companies doing business with ZTE from July 2 until Aug. 1. It wasn't immediately clear when a permanent order might be issued, but the company is expected to be in compliance with US demands by Aug. 1, a person familiar with the matter told Bloomberg.

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