China and US close in on ZTE reprieve

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China and US close in on ZTE reprieve

Trade tensions between the two economies ease.

The US government neared a deal to lift its ban on firms supplying Chinese telecoms gear maker ZTE, sources said on Tuesday. The reprieve for ZTE, hit by a seven-year ban in April that had crippled its operations, could include China removing tariffs on imported US agricultural products, as ...

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