President Trump just saved embattled Chinese phone maker ZTE

In a tweet, Trump urges the Commerce Department to give ZTE "a way to get back into business, fast."

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Eonjay248d ago

Could he just give this to an American phone company? Or does he want to use this a leverage against Chinese tariffs.

plmkoh248d ago (Edited 248d ago )

ZTE is worth $2billion+ to the American economy every year.

Not even including all the non-financial benefits it gives to other American companies like Google to further build the Android brand. That's 1000's of jobs displaced in both China and the US alike.