U.S. President Donald Trump says he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE,... "a way to get back into business, fast," after being crippled by a U.S. ban,... a concession to Beijing ahead of high-stakes trade talks this week.
The proposed reversal is likely to ease some tensions that have built between the U.S. and China,... the world's two biggest economies, after their multi-billion dollar tariff tit-for-tat battle in recent weeks.
ZTE was forced to suspend its main operations after the U.S. Commerce Department banned American companies from selling to the firm for seven years,... after the Chinese phone marker was caught illegally shipping U.S. goods to Iran.