Washington — The US and China have a tentative deal to save embattled Chinese telecom company ZTE, days after the two nations announced a truce in their trade stand-off, The Wall Street Journal reported on Tuesday. Details remain to be hammered out, but according to the general outlines of the agreement, Washington would lift a crippling ban on selling US components to the company, which in turn would make major changes in its management, executive board and possibly pay additional fines, according to the report. The company had faced collapse due to the US ban, which resulted from its violations of US sanctions against Iran and North Korea. On Saturday, Washington and Beijing called a halt to a spiraling trade dispute and Washington’s accusations of unfair trade practices and the alleged theft of US technology, suspending US plans to impose tariffs on as much as $150bn in Chinese imports. China, the world’s largest automotive market, also announced on Tuesday it would cut duties on...
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