U.S. Signs Deal to Lift Restrictions on China's ZTE

ZTE is taking steps to lift a US ban by signing an agreement with the US Commerce Department, involving a $400 million payment as part of a $1.3 billion fine. This case highlights US concerns over Chinese companies' conduct and China's dependency on US semiconductors. Politically, Trump's decision to overturn the ban has caused tension in Washington. The broader US-China trade war remains unresolved, with tech companies like NVIDIA and Apple potentially facing retaliatory actions from China.

What was one of the conditions for ZTE to resume business with US suppliers?

• Expanding their market

• Increasing their production

• Changing their management

• Reducing their workforce

What did the ZTE case symbolize for the US?

• Cultural exchange

• National security threats

• Technological advancement

• Economic growth

Why did President Trump face criticism for overturning the ZTE ban?

• He ignored environmental concerns

• He increased tariffs on Chinese goods

• He did not consult Congress

• He did it as a personal favor to President Xi

What are the main concerns of the US in the trade tensions with China?

• Currency manipulation

• Intellectual property theft and forced tech transfer

• Military expansion

• Environmental policies

Which US tech firms could be affected by the trade tensions with China?

• Microsoft and Google

• NVIDIA, Apple, and Broadcom

• Tesla and Ford

• Amazon and Facebook