President Trump pledged on Sunday to help Chinese telecom giant ZTE return to business, days after the company said it would cease “major operating activities” because of the U.S. government’s recent trade restrictions, a dramatic shift in tone for a president who has long accused China of stealing U.S. jobs.
“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump tweeted. “Too many jobs in China lost. Commerce Department has been instructed to get it done!”
The comment could presage a reversal of one of the Trump administration’s toughest actions to date against a Chinese company. Last month, the Commerce Department penalized ZTE for violating a settlement with the U.S. government over illegal shipments to Iran and North Korea. As a result, the Trump administration barred U.S. firms for seven years from exporting critical microchips and other parts to ZTE, the world's fourth-largest smartphone manufacturer.
https://www.washingtonpost.com/news/the-switch/wp/2018/05/13/trump-pledges-to-help-chinese-phone-maker-zte-get-back-into-business/?utm_term=.c56020fba800
What in the world?
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