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    The US will help save ZTE even though it broke international laws

    by 
    Rachel England
    Rachel England
    05.22.2018

    Last year the US imposed a trade ban on American companies supplying equipment to Chinese telecoms giant ZTE Corp. Now, it appears the two countries are trying to work things out. According to sources briefed on the confidential negotiations, there has been a "handshake deal" between US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He which will lift the ban that effectively crippled ZTE's operations.