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World News Story: US Lifts Ban on Suppliers Selling to China's ZTE

The Commerce Department removed the ban shortly after ZTE deposited $400 million in a U.S. bank escrow account as part of a settlement reached last month. The settlement also included a $1 billion penalty that ZTE paid to the U.S. Treasury in June.


Posted: 2018-07-13 22:46:20

Get Full News Story On Newsmax Independent American News Service


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U.S. lifts ban on suppliers selling to China's ZTE | Reuters

(Fri, 13 Jul 2018 22:01:00 GMT)

The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China's second-largest telecommunications equipment maker to resume business.

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(Tue, 18 Sep 2018 13:53:00 GMT)

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