The U.S. and ZTE reach a deal that will lift export ban
https://techcrunch.com/2018/07/11/the-u-s-and-zte-reach-a-deal-that-will-lift-export-ban/
The United States government has made a deal with Chinese telecommunications giant ZTE that, once completed, will lift the ban preventing the company from working with American suppliers. The agreement eases tensions in the U.S.-China trade war because the seven-year denial order, which the Trump administration imposed in April after ZTE violated sanctions against North Korea and Iran, was a major point of contention between the two countries.
Our statement on #ZTE and the escrow agreement: pic.twitter.com/w0Bbej1mAU
