US bans American companies from selling to Chinese phone maker ZTE

Discussion in 'Market News' started by sniper-academy, Apr 17, 2018.


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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    The U.S. 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, U.S. officials said on Monday.

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