• With Trump's North Korea summit off, is the trade war with China back on?

    2 monthes ago - By Stl Today

    WASHINGTON - Only a week ago, the drums of a trade war seemed to be quieting as the Trump administration put a hold on plans to tax Chinese imports and there was talk of a so-called skinny deal emerging from...
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  • Source: Trump administration has cut deal with China's ZTE

    2 monthes ago - By Chron

    WASHINGTON - The Trump administration has told Congress that it's reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, a source familiar with the talks who spoke on condition of anonymity to discuss a confidential matter said Friday.
    A resolution of the ZTE case could clear the way for the United States to make progress in its high-stakes trade talks with China. But news of the agreement drew immediate fire on Capitol Hill.
    Under the agreement, ZTE would oust its management team, hire American compliance officers and pay a fine. The fine would...
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  • Solid Growth in the Second Half of 2018 for US Hoteliers

    2 monthes ago - By Hotel News Resource

    Future business activity in U.S. hotels rose in April according to the latest reading of the Hotel Industry Leading Indicator. e−forecasting.com's HIL increased by 0.4% in April to 138.8, following an increase of 0.3% in March. The index is set to equal 100 in 2010.
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  • U.S. reaches deal to keep Chinese telecom ZTE in business: congressional aide

    2 monthes ago - By Reuters

    WASHINGTON - The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday.
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  • Source: Trump administration has cut deal with China's ZTE

    2 monthes ago - By Chron

    WASHINGTON - The Trump administration has told Congress it's reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, said a source familiar with the talks who spoke on condition of anonymity to discuss a confidential matter.
    Under the agreement, ZTE will oust its management team, hire American compliance officers and pay a fine - on top of $1 billion it's already paid for selling equipment to North Korea and Iran in violation of U.S. sanctions. In return, the U.S. Commerce Department will lift a seven-year ban on ZTE buying components from U.S...
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  • The Trump administration told Congress they reached a deal with China to lift sanctions on Chinese tech giant ZTE

    The Trump administration told Congress they reached a deal with China to lift sanctions on Chinese tech giant ZTE

    2 monthes ago - By Business Insider

    The Commerce Department told members of Congress that the Trump administration reached a deal to lift sanctions on Chinese phone maker ZTE.
    In exchange for easing the sanctions, ZTE will be forced to "pay a bigger fine, have to hire American compliance officers, and they have to get rid of the current ZTE management team," according to a source familiar.
    ZTE was facing sanctions after selling goods containing US parts to Iran and North Korea.
    Republicans and Democratic lawmakers have blasted Trump's willingness to do a deal on ZTE.
    The Trump administration has told Congress that the...
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  • U.S. reached deal to keep Chinese telecom ZTE in business: Congressional aide

    2 monthes ago - By Reuters

    WASHINGTON - The Trump administration told lawmakers that the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior Congressional aide said on Friday.
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