Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,980 posts)
Tue Jul 3, 2018, 10:01 PM Jul 2018

US to allow ZTE to resume some operations temporarily

The Trump administration will allow Chinese phone maker ZTE to temporarily resume some of its business operations as the U.S. government considers reneging its seven-year ban on the manufacturer doing business with American companies.

The new authorization from the Commerce Department will go from July 2 to Aug. 1, according to a document obtained by Bloomberg. The company told the outlet that it will be in compliance with U.S. demands by the end of this period.

President Trump has said he is working to ease the penalties on ZTE that the Commerce Department imposed on the company for violating sanctions with Iran.

His move to do this has sparked heavy backlash from lawmakers on both sides of the aisle. Lawmakers last month passed the National Defense Authorization Act (NDAA) with amendments including provisions aimed at reversing Trump’s attempts to ease the penalties.

http://thehill.com/policy/technology/395434-trump-administration-allowing-zte-to-resume-some-operations-temporarily?userid=229233

Make Gina Great Again


1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
US to allow ZTE to resume some operations temporarily (Original Post) Yo_Mama_Been_Loggin Jul 2018 OP
Did ivanka get some new deals JI7 Jul 2018 #1
Latest Discussions»General Discussion»US to allow ZTE to resume...