Congress sounds bipartisan alarm as Trump deals on ZTE

WASHINGTON — As the Trump administration reached a deal Friday to reduce sanctions on the Chinese telecom giant ZTE, Congress has shown rare unity in working to prevent the president from giving in to the foreign-backed company in a way that would compromise national security.<p>And more backlash is …


Inside the White House's ZTE Deal

The Trump administration has reportedly reached a deal to keep China's second-biggest telecom manufacturer alive. Isaac Stone Fish, Asia Society …

The White House

Trump tweets that ZTE will have to pay $1.3B fine, give high-level security guarantees, and change its management and board to have US sanctions lifted

High Level

Donald Trump says ZTE will pay $1.3bn fine and provide 'high-level security guarantees' to resume business

Donald Trump said the US would allow Chinese telecommunications-equipment maker ZTE Corp. to remain in business after paying a $1.3 billion fine, changing its management and board and providing “high-level security guarantees”.<p>In a tweet on Friday evening, the US president confirmed a deal that his …

Donald Trump

Trump Team Seeks Truce With Congress Over ZTE

Administration seeks a deal to help Chinese telecom firm survive<p>The Trump administration scrambled this week to keep lawmakers from undermining coming trade talks with China, pressing them not to block a deal to roll back penalties on Chinese telecommunications giant ZTE Corp.<p>President Donald Trump …


Trump Administration Reaches Deal to Keep ZTE Afloat

The Trump administration has reached a deal to keep ZTE in business, sources say #tictocnews https://bloom.bg/2IRrHWQ (Source: Bloomberg)

Trump Administration

Trump tweets details of his offer of relief to ZTE

President Trump has revealed some basic terms under which he says Chinese telecoms firm ZTE (OTC:ZTCOF) can get out from under a U.S. ban, though …

Donald Trump

A win-win for ZTE and North Korea

One of the substantial challenges in curtailing North Korea’s nuclear program is preventing Chinese companies from doing business with their pals in …

North Korea

Component Stocks Rise After Trump Reverses Decision on ZTE

Another flip-flop.<p>President Trump has reportedly reached a deal regarding on ZTE Corp. (ZTCOY) , the Chinese phone maker.<p>The phone maker relies …


NYT: Trump admin telling Congress it has deal to save ZTE

The Trump Administration is now telling Congress that it has a deal to save Chinese telecom ZTE (OTC:ZTCOF), <i>The New York Times</i> reports -- a reversal …

Trump Administration

With ZTE in Trouble, Coolpad Sees an Opportunity

Low-cost phone maker Coolpad wants to expand to all the major US carriers, and sees 5G as an opportunity for new product lines.<p>PCMag reviews products …

Tech Trends

Acacia, Lumentum, Finisar Rise As Trump Nears ZTE Deal With China

Shares in optical component makers climbed Friday amid a report the Trump administration has hammered out a deal with China to lift sanctions barring …


The day's Hottest Tech Headlines

WATCH: @emilychangTV breaks down today's hottest tech headlines #tictocnews - Trump administration plans to revive ZTE - Amazon Alexa records …

Trump Administration

NXP Semiconductors +2.4% on report US, China reach ZTE deal

NXP Semiconductors (NASDAQ:NXPI) is among the companies surging on a Fox Business report that the US has reached a tentative deal with China on …


US’s ZTE ban may affect Indian telcos’ 4G plans

Firm, which has halted operations, is main supplier of 4G gear in India


U.S. reached deal to keep Chinese telecom ZTE in business: New York Times

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Trump Administration

U.S. House Passes Defense Measure That Backs ZTE Penalties

The U.S. House of Representatives has voted to punish China's ZTE, as Trump faces pressure not to weaken sanctions on the tech giant …


Trump on collision course with Congress on ZTE

President TrumpDonald John TrumpCEO of American investment firm believed Michael Cohen could bring in GOP donors for deals: report NAACP slams NFL …

North Korea

White House reveals ZTE deal to lawmakers -source | Reuters.com

Ahead of next week's U.S-China trade talks, The Trump administration told lawmakers a deal has been reached to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday.<p>▲ Hide Transcript<p>▶ View Transcript<p>Ahead of next week's U.S-China trade talks, …

Trump Administration

U.S. lawmakers were briefed on China's ZTE: senator | Reuters

WASHINGTON (Reuters) - U.S. Senator Bob Corker, the chairman of the Foreign Relations Committee, said on Thursday that he and other lawmakers had been briefed on Wednesday evening about the Chinese telecommunications firm ZTE Corp.<p>FILE PHOTO: U.S. Senator Bob Corker (R-TN) speaks at the Milken …

Donald Trump

US Congress pressures Donald Trump not to lift penalties on China’s ZTE

Donald Trump

The ZTE case reveals flawed US thinking on China, tech, and trade

It’s been over a month since the US slapped penalties on Chinese smartphone maker ZTE, and the debacle is only getting messier. On Tuesday, Donald Trump stated he was considering lifting a components sales ban that has crippled the Shenzhen-based company and instead imposing management changes and …


Trump Mulls Options on ZTE as Congress Tries to Force Tough Penalty

The Trump administration, over the objections of lawmakers, is continuing to try to soften its punishment of ZTE, the Chinese telecommunications firm that has emerged as a key sticking point in trade negotiations between China and the United States.<p>The company is on the verge of shutting down after …

U.S. Politics

ZTE revenues fall $2bn as US sanctions bite

ZTE, the Chinese telecoms equipment maker, is estimated to have lost more than $2bn in revenue since the imposition of a ban on the supply of US …

North Korea

US lawmakers are moving to thwart Trump's attempts at easing restrictions on ZTE, citing national security concerns; Trump said he envisions a $1B+ fine for ZTE

Health Care Industry

ZTE prepares to resume operations as US-China trade tension relaxed

As Washington and Beijing prepare to move forward with a deal that would lift the sales ban on ZTE, the Chinese telco has reportedly been busy …


Pompeo: Trump administration will do right thing on ZTE

U.S. Secretary of State Mike Pompeo on Wednesday defended the Trump administration handling of sanctions against Chinese telecommunications company ZTE, and said the Commerce Department is still weighing how to roll back penalties on the firm at the request of China's leader.<p>"We're going to get …


Rubio: Don't feel bad for ZTE or any Chinese company going out of business

Sen. Marco RubioMarco Antonio RubioHillicon Valley: Experts worry North Korea will retaliate with hacks over summit | FBI works to disrupt Russian …


Trump floats management changes instead of sanctions for China's ZTE | Technology | Reuters

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp (000063.SZ) (0763.HK) and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.<p>FILE PHOTO - Visitors pass in …

Donald Trump

ZTE facing $3 billion in losses from US ban

ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) from a US technology ban that’s halted major operations as clients pull out …