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US bans American companies from selling to Chinese phone maker ZTE

US bans American companies from selling to Chinese phone maker ZTE
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The US Department of Commerce has banned American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years after breaking an agreement reached after it was caught illegally shipping goods to Iran, US officials said.

Read the full story at https://www.reuters.com/article/us-china-zte/u-s-bans-american-companies-from-selling-to-chinese-phone-maker-zte-idUSKBN1HN1P1

SOURCE: Reuters

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