White House Wants To Stop Congress From Killing Trump's ZTE Deal
Working on behalf of China?
According to Reuters, the White House will attempt to derail Congress’ efforts to block Trumps ZTE deal.
ZTE is China’s No 2 Telecommunications equipment maker.
The U.S. banned the company from doing business with American suppliers … … over concerns of National Security and trading with Iran and North Korea.
As a result, ZTE shares dropped sharply in value.
Now, the White House wants to reverse that with a deal.
Why, what’s changed?