The Trump administration may give ZTE a way out. Commerce Secretary Wilbur Ross says the administration is exploring "additional remedies" to its harsh punishment of the Chinese smartphone maker. The Trump administration said ZTE had broken its agreement to punish employees who violated US sanctions against North Korea and Iran. On Sunday, President Trump signaled the US should reverse the penalty. The official described a possible deal with ZTE as a "confidence building measure," leading up to broader deal with China.

Source: CNN May 14, 2018 20:48 UTC