China and the U.S. Stand Up to Save ZTE, Agreed Deal on Completion Will Remove the Ban

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Aniruddha Paul
Aniruddha Paul
Writer, passionate in content development on latest technology updates. Loves to follow relevantly on social media, business, games, cultural references and all that symbolizes tech progressions. Philosophy, creation, life and freedom are his fondness.

China and the U.S. have agreed to a deal with the aim of saving Chinese telecom company ZTE. This also marks the two countries on the way to resolving their trade dispute.

People familiar with the matter couldn’t disclose details of the deal. After its completion, the Trump administration will remove the ban on US companies selling to ZTE.

Also Read

This ZTE ban resolution has been one of the much-discussed topics for a month now, with the result being the telecom giant ZTE going out of business. The deal entails the company bringing major changes in its management and board seats and possibly paying significant fines.

As a part of the negotiations, Beijing offered to remove taxes on billions of dollars of American farm products. However, the White House didn’t offer anything from their end in return. They ensured that the negotiations were rather a part of a law enforcement matter than any bargaining venture.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

According to the people familiar with the deal, talks are going on, and the deal may still go south for both ends.

A tweet from President Trump came up after the ban was established that said that he and Chinese President Xi Jinping are collaborating to help ZTE get back on its feet again. This tweet tempted a backlash that the Trump administration no longer wishes to punish ZTE for the violations.

They never intended to make ZTE go out of business. He went forward and defended Trump’s decision to help the company on President Xi’s request. – Steven Mnuchin, US Treasury Secretary.

Chinese Foreign Minister Wang Yi is coming down to Washington this week to continue talks regarding ZTE. Similarly, US Commerce Secretary Wilbur Ross, who is involved in overseeing the ZTE case, will visit Beijing next week.

Keep following us to get more updates on this case.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.



- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -
India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022 India Approved $320m to Promote Homegrown Payments Network Twitter Roll Out TikTok-like ‘For You’ Timeline on iOS Nothing Phone Enters US with Beta Membership Program
Finally! Apple’s VR Headset Coming this Spring Harvard Scientists Develop New Cell Therapy to Kill, and Prevent Brain Cancer HTC Vive XR Elite VR/AR Headset Now Selling for $1099 Realme 10 Launched in India with Helio G99 Gaming Chipset Twitter Data Breach Revealing User’s Private Information Instagram New Feature to Create Albums With Friend Redmi Note12 Pro Plus Launched in India POCO C50 Launched in India