Trump administration has briefed Congress on tentative deal with China's ZTE

[spanone]

(CNN)The Commerce Department informed lawmakers on Friday of the outlines of a tentative deal that could save sanctioned telecommunications company ZTE, a key priority for Chinese President Xi Jinping, according to two people familiar with the matter.

A completed deal is considered a key piece of the ongoing trade negotiations with China. However, news of the deal was met with public backlash from members of both parties on Friday.

The people cautioned that the potential deal was presented as not final -- meaning things could change, particularly as bipartisan congressional blowback intensifies. But it would include a significant fine, north of $1 billion, and require the company, which is barred from buying US products due to sanctions violations, to install a new compliance regime and make management changes.

If those changes are made, the Commerce Department's "denial order," which led the company to say it had halted "major operating activities," would be lifted, the people said.

https://www.cnn.com/2018/05/25/politics/trump-administration-deal-with-congress/index.html

[mr_lebowski]

1. Funny, I could swear I read they were banned for like 7 years due to what were basically crimes

along the line of espionage, thus the ban was essentially a 'penalty', kinda like 'jail' ...

Then all of a sudden China dumps a $500M investment in a property very near to one where Dump has significant funds invested (though whether they're HIS, or Russia's funds ... is probably debatable) and all of a sudden Trump's Commerce Department just wants ZTE to 'correct the issues', then everything will be hunky-dory.

I FUCKING SWEAR TO DOG if a Democrat was up to 1/1,000,000th of the CORRUPTION this FUCKING ASSHOLE is just FLAGRANTLY going about committing on a DAILY FRIGGIN' BASIS ... it'd be the biggest POTUS scandal EVER, and that Democrat would already be impeached, and REMOVED, probably by like a 98-2 vote ... cause Democrats would show integrity and patriotism ... even if it was one of their own. Unlike the CORRUPT TRAITORS in the GOP.

What a fucking joke this situation is, man.

[RainCaster]

2. I'm with you. There was certainly an exchange of funds behind this.