Business Insider -
26 May 2018 02:38

Getty Images The Commerce Department told members of Congress that the Trump administration reached a deal to lift sanctions on Chinese phone maker ZTE. President Donald Trump also announced the easing of sanctions on Twitter later Friday. In exchange for easing the sanctions, ZTE will be forced to "pay a bigger fine, have to hire American compliance officers, and they have to get rid of the current ZTE management team," according to a source familiar with the arrangement. ZTE was facing sanctio...
Share this Article
Comment on this Article
Please to comment