Department of Commerce bans U.S. firms from selling to ZTE for 7 years | Spanlish

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Tuesday, April 17, 2018

Department of Commerce bans U.S. firms from selling to ZTE for 7 years


(Reuters) — The U.S. Department of Commerce has banned American companies from selling components to leading Chinese telecom equipment maker ZTE for seven years for violating the terms of a sanctions violation case, U.S. officials said on Monday. The U.S. action, first reported by Reuters, could be devastating to ZTE since American companies…Read More

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