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Posts Tagged ‘trade ban’

Trump considering executive order to block all ZTE and Huawei sales in the US

Friday, December 28th, 2018

The latest development in the ongoing trade war between China and the US could see Donald Trump sign an executive order that would block all US businesses from buying equipment made by ZTE and Huawei. The order would invoke a national emergency, thus giving Trump the power to implement the ban.

According to three separate sources, Reuters reports that the US Administration continues to suspect the two tech giants of spying on behalf of the Chinese government, which could lead to the executive order being finalized next month.

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Trump considering executive order to block all ZTE and Huawei sales in the US was written by the awesome team at Android Police.

ZTE signs escrow agreement with U.S. to lift trade ban

Thursday, July 12th, 2018

After the U.S. Department of Commerce banned ZTE from importing US-made components, due to the company violating an agreement it made in 2017, ZTE shut down most operations while it fought to lift the ban. The Commerce Department told ZTE it had to pay over a billion dollars in fines and replace its entire senior leadership for the ban to be lifted, which ZTE agreed to last month.

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ZTE signs escrow agreement with U.S. to lift trade ban was written by the awesome team at Android Police.

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