Trump 'working' with Xi Jinping to save jobs at Chinese company hit by US banIn a surprise policy reversal, Donald Trump said on Sunday he had instructed his commerce department to help get a Chinese telecommunications company “back into business”, after his government cut off access to its US suppliers. The US accused ZTE of misleading US regulators after it settled charges of violating sanctions against North Korea and Iran. By cutting off access to US suppliers of essential components such as microchips, the ban threatened ZTE’s existence, the company has said. It asked the US commerce department to suspend the ban. “Commerce department has been instructed to get it done!”The commerce department did not immediately respond to requests for comment.
Source: The Guardian May 13, 2018 17:15 UTC