WSJ: White House opposes Senate effort to kill ZTE deal

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© Reuters.  WSJ: White House opposes Senate effort to kill ZTE deal© Reuters. WSJ: White House opposes Senate effort to kill ZTE deal

  • The Trump administration is looking to block Senate language that would undo a White House deal to resuscitate China’s ZTE (HK:0763) (ZTCOF -7.1%), The Wall Street Journal reports.
  • The usually sure-passing National Defense Authorization Act contains language rebuking the White House for its ZTE deal.
  • But an official says the White House will look to change the anti-deal language while the House and Senate hold a conference to sort out differences between their two bills.
  • Now read: Frontier: No Deal Is A Good Deal

Original article

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