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 concerns does the US have regarding China's actions in the tech industry?

What potential impact could the trade tensions have on US tech firms?