Trump administration reportedly says it reached deal to revive phone maker ZTE
https://www.cnet.com/news/trump-administration-reportedly-says-it-reached-deal-to-revive-phone-maker-zte/
The Trump administration told lawmakers it reached a deal to keep Chinese phone maker ZTE in business, a person familiar with the matter told The New York Times.
The deal, which was arranged by the Commerce Department, requires ZTE to pay a "substantial" fine, hire American compliance officers and change its management team. The Commerce Department, in return, would lift an order that currently prevents the company from buying American products.
Trump administration reportedly says it reached deal to revive phone maker ZTE
May 25, 2018, 6:59pm UTC
https://www.cnet.com/news/trump-administration-reportedly-says-it-reached-deal-to-revive-phone-maker-zte/
> The Trump administration told lawmakers it reached a deal to keep Chinese phone maker ZTE in business, a person familiar with the matter told The New York Times.
> The deal, which was arranged by the Commerce Department, requires ZTE to pay a "substantial" fine, hire American compliance officers and change its management team. The Commerce Department, in return, would lift an order that currently prevents the company from buying American products.