President Trump: U.S. And China Going To Get ZTE Back To Business - FbiCables Network | The News that Shapes World Opinion

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Monday, May 14, 2018

President Trump: U.S. And China Going To Get ZTE Back To Business



President Donald Trump arrives to speak during an event in the Rose Garden of the White House in 
President Trump says he is working with Chinese President Xi Jinping to reopen business with massive Chinese phone company ZTE, after it was blocked from doing business with the U.S.
The president said in a tweet today that too many jobs in China have been lost, after the phone maker allegedly violated U.S. trade sanctions.
He added The Commerce Department has been instructed to help with the effort.
The president’s comments come after the administration banned the sales of U.S.-made parts to the phone maker ZTE.
Last week, the company said their major operating activities had ceased, despite pulling in almost $17 billion in revenue last year.

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