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Trade war

US lifts ZTE ban after $1.4bn payment

Chinese smartphone maker now free to purchase American components

U.S. Commerce Secretary Wilbur Ross at a state dinner in Beijing in November 2017. Ross said his department will closely monitor ZTE's actions going forward.   © Reuters

NEW YORK -- The U.S. Commerce Department lifted a parts ban on Chinese smartphone maker ZTE on Friday, opening up a path for the beleaguered company to restart its stalled business operations.

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