Wednesday, March 08, 2017

"We are putting the world on notice!"

Sundance reports,
Commerce Secretary Wilbur “Wolverine” Ross put the trade world on notice today when he announced a staggering $1.19 billion penalty on Chinese company ZTE for violating U.S. sanctions and selling electronics to Iran and North Korea.

China’s ZTE has agreed to pay the United States the fine. Remember, in China all private businesses are politically attached to the central government.

Ross: With this action, we are putting the world on notice: "Improper trade games are over with!

Read more here.

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