Commerce Department May Relax ZTE's Punishment as Trump Defends Stance
Wilbur Ross, the U.S. Secretary of Commerce, said his department is open to changing its ban impacting ZTE. The agency has forbid U.S. companies from selling hardware or software to ZTE for a period of seven years after the company was caught lying about an earlier settlement agreement. "ZTE did do some inappropriate things. They’ve admitted to that," said Ross speaking at a National Press Club event. "The question is: Are there alternative remedies to the one that we had originally put forward? And that’s the area we will be exploring very, very promptly." Ross didn't suggest how the Commerce Department might walk back its ban, which has effectively strangled ZTE's smartphone business. At the same time, President Donald Trump found himself defending his wish to help the company get back on its feet. "ZTE, the large Chinese phone company, buys a big percentage of individual parts from U.S. companies," said Trump via Twitter. ZTE's main U.S. supplier is Qualcomm, which sells the company processors and cellular modems. ZTE also licenses the Android operating system from Google. "This is also reflective of the larger trade deal we are negotiating with China and my personal relationship with President Xi [Jinping]." noted Trump. ZTE's 75,000 workers have been mostly idle since the ban was announced. Trump tweeted over the weekend that he wanted to help them get back to work. The Commerce Department insists its ban is just punishment for illegal behavior and not related to the on-going trade talks between the U.S. and China.
US Commerce Dept. Bans ZTE from Exporting Tech
Apr 16, 2018
ZTE is not allowed to export sensitive technology from the U.S. due to new action from the U.S.
Commerce Department to Fine ZTE $1 Billion
Jun 7, 2018
The Commerce Department has reached a deal with ZTE that will get the company out from under a ban on U.S. parts and software.
China Requests US to Dial Back ZTE's Punishment
May 4, 2018
China hopes he U.S. will have a change of heart and alter the seven-year ban it imposed against ZTE.
Trump Agrees to Talk to Congress About 'Problematic' ZTE
Jun 20, 2018
ZTE will be the topic of discussion at a meeting today between President Trump and members of the Senate and House of Representatives, reports Reuters. Trump wants to talk about the "problematic" amendment made to the National Defense Authorization Act (NDAA) earlier this week, which will keep certain sanctions against ZTE in place.