ZTE Corporation

Trump Reverses ZTE Sanctions After $500M China Loan to Trump Project

| Importance: 8/10

President Trump abruptly reversed U.S. sanctions on Chinese telecom giant ZTE just days after China agreed to provide $500 million in loans to an Indonesian theme park featuring Trump properties. ZTE had been banned from buying U.S. components after violating sanctions on Iran and North Korea. Trump …

Donald Trump ZTE Corporation China Trump Organization Indonesia corruption china national-security emoluments-clause bribery
Read more →