ZTE Crashes After Senate Passes Trump-Deal-Killing Bill
Zero Hedge -

As we detailed last week, a group of senators successfully attached an amendment that would effectively kill the Trump administration's deal with Chinese telecoms firm ZTE to a "must-pass" defense authorization bill. The amendment to kill the deal, which was first unveiled a week ago shortly after Commerce Secretary Wilbur Ross announced the administration had worked out a deal to save ZTE, would reimpose the White House's original ban on ZTE buying components from US firms (what some have...

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