President Trump says he’s working to give ZTE a reprieve

President Trump says he’s working to give ZTE a reprieve

In a remarkable development, President Trump has thrown an olive branch to controversial Chinese telecom firm ZTE. The company, which sells telcom network equipment and consumer devices including smartphones, said on Wednesday that it would cease its main business operations after the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in a …