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Doing so might help U. That means the Commerce Department decides what happens next. ZTE won't get off "scot-free," White House economic advisor Larry Kudlow said this week, which means it might have to shuffle management and pay more fines if the ban is removed. ZTE alco could continue facing scrutiny from the intelligence community, which advises consumers against buying ZTE-made phones in the U. Sign up for free newsletters and get more CNBC delivered to your inbox.


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Get this delivered to your inbox, and more info about our products and services. All Rights Reserved. Data also provided by. Skip Navigation. Markets Pre-Markets U. Key Points. ZTE wasn't a well-known brand among U. ZTE violated U. Now it's close to shutting down unless the U.

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ZTE was not a name many Americans would've recognized until very recently. VIDEO The Bottom Line. Squawk on the Street. However, the final decision isn't up to Trump. Related Tags. Trending Now. News Tips Got a confidential news tip?

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How to install SD and SIM card into ZTE Blade Z Max Z982

ZTE's U. In its phones, ZTE uses all sorts of U. That's all fine. But what angered U.


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Commerce Secretary Wilbur Ross said at the time that the U. In April, the U. Rather than disciplining the employees who were responsible for selling products to Iran and North Korea, it gave them bonuses. ZTE's close ties to the Chinese government are also a concern among U. ZTE has effectively said it will need to shut down if those rules are enforced.

Trading in ZTE shares has been halted since the ban was imposed. Trump seems to be using this leverage to bargain with China on trade deals. He said he'll move to save ZTE, perhaps in exchange for a cut on tariffs on farm goods , according to Reuters. Or possibly for another deal that benefits the U. Now as president, he's openly lobbying for U. Doing so might help U. That means the Commerce Department decides what happens next.

deCarta and ZTE Mobile Telecom to offer navigation and location-based apps in China | TelecomLead

ZTE won't get off "scot-free," White House economic advisor Larry Kudlow said this week, which means it might have to shuffle management and pay more fines if the ban is removed. ZTE alco could continue facing scrutiny from the intelligence community, which advises consumers against buying ZTE-made phones in the U. Sign up for free newsletters and get more CNBC delivered to your inbox. Get this delivered to your inbox, and more info about our products and services.

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All Rights Reserved. Data also provided by. Skip Navigation. Markets Pre-Markets U.