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Chris Smith
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Just as promised, the Trump administration is planning to reverse the ban on ZTE that forced the Chinese smartphone maker to announce a shutdown of its mobile operations.
It’s not a full pardon, however, as the US government did find ZTE in violation of a previous settlement. But by allowing ZTE to return to business as usual, the US is putting the trade war with China on hold. In return, the Chinese government agreed to cut auto tariffs.
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The ban on ZTE is a pawn in the bigger US-China trade war originally appeared on BGR.com on Tue, 22 May 2018 at 19:28:34 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report
Just as promised, the Trump administration is planning to reverse the ban on ZTE that forced the Chinese smartphone maker to announce a shutdown of its mobile operations.
It’s not a full pardon, however, as the US government did find ZTE in violation of a previous settlement. But by allowing ZTE to return to business as usual, the US is putting the trade war with China on hold. In return, the Chinese government agreed to cut auto tariffs.
Continue reading...
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The ban on ZTE is a pawn in the bigger US-China trade war originally appeared on BGR.com on Tue, 22 May 2018 at 19:28:34 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report