The White House will aim to block legislative language before Congress that would block a Trump administration agreement allowing China’s No. 2 telecommunications equipment maker, ZTE Corp., to resume business with US suppliers, the Wall Street Journal reported Wednesday.
The newspaper, citing a senior White House official, said the White House aimed to change the related language later in the legislative process.
Shares in ZTE fell 42 percent in Hong Kong on Tuesday, their first trading day after it agreed to the deal, in which it pays a $1 billion penalty to the US government and replaces its top managers.
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