It appears the impact of "unintended consequences" has hit the Trump administration once again. Following the 'rescue' of Rusal- driven almost into the ground by Trump's aluminum tariffs and oligarch sanctions (which sent aluminum prices skyrocketing, crushing margins for end-users); it appears China's threats of retaliation against Trump's ban on giant Chinese telecoms company ZTE have sunk in.
Trump Backs Down On China Threat: Instructs Commerce Dept To Rescue ZTE
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