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China's ZTE To Pay $1 Billion Fine To Settle U.S. Trade Case

Commerce Secretary Wilbur Ross announced a deal with Chinese telecommunications company ZTE amid U.S.-China trade tensions.

Commerce Secretary Wilbur Ross announced a deal with Chinese telecommunications company ZTE — a move that may indicate progress in high-stakes trade talks between the U.S. and China.

(Image credit: Johannes Isele/AFP/Getty Images)

(via NPR)

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