Trump administration is telling Congress it has an agreement to save China's ZTE: Reports
https://www.cnbc.com/2018/05/25/trump-administration-is-telling-congress-it-has-an-agreement-to-save-chinas-zte-new-york-times.html
President Donald Trump's administration is telling Congress it has come to an agreement to boost Chinese telecommunications company ZTE, The New York Times and Reuters reported.
As part of the deal, ZTE would pay a financial penalty, revamp its management and hire American compliance officers, the Times reported, citing a person familiar with the matter. The U.S. would scrap a ban on the company buying American products under the agreement, the newspaper said. It is unclear how firm the reported deal is at this point.
Trump administration is telling Congress it has an agreement to save China's ZTE: Reports
May 25, 2018, 5:33pm UTC
https://www.cnbc.com/2018/05/25/trump-administration-is-telling-congress-it-has-an-agreement-to-save-chinas-zte-new-york-times.html
> President Donald Trump's administration is telling Congress it has come to an agreement to boost Chinese telecommunications company ZTE, The New York Times and Reuters reported.
> As part of the deal, ZTE would pay a financial penalty, revamp its management and hire American compliance officers, the Times reported, citing a person familiar with the matter. The U.S. would scrap a ban on the company buying American products under the agreement, the newspaper said. It is unclear how firm the reported deal is at this point.