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» Working with Xi to get ZTE back into business Trump
14th May 18

U.S. President Donald Trump on Monday said that he is working with his Chinese counterpart Xi Jinping to give China’s telecom giant ZTE a way to get back into business.

Early this month, ZTE had urged the Trump administration to give a stay on its order that banned it from acquiring American companies.

“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Mr. Trump said in a tweet.

“Too many jobs in China lost. Commerce Department has been instructed to get it done!” tweeted Mr. Trump. The Wall Street Journal described it as the U.S. giving a lifeline to the sanctioned ZTE.