If that were to happen it would hardly be good for USA companies either, given ZTE has revenue of US$17 billion and output of around 50 million smartphones a year.
Those actions led to a US$1.2 billion fine a year ago, with the current export ban imposed in April after ZTE allegedly failed to live up to its agreement, lying about the punishment of employees involved in the sanctions skirting.
Shortly after Trump's tweet, a Democratic lawmaker questioned the move to help the Chinese company, given numerous warnings about ZTE's alleged threat to usa national security.More news: YouTube will tell you when you're watching too much YouTube
ZTE recently submitted a request for the U.S. Commerce Department to put the order forbidding American firms from selling parts and providing services to it, on hold.
But ZTE still relies on U.S. companies to supply it with components for its networking gear. U.S. companies are banned from exporting goods to ZTE, making it hard for the phone-maker to manufacture new products or update older ones.
Intel, Broadcom and Qualcomm declined to comment.More news: Pep Guardiola speaks on Aguero leaving Manchester City for Atletico Madrid
Chinese smartphone maker ZTE might have found a savior, and it's the last person you'd expect.
DeBusk, a former U.S. Commerce Department assistant secretary for export enforcement, said Trump's announcement indicates "he is looking to accomplish his objectives on trade with China on a much larger level". It "goes against the steady stream of security warnings about ZTE", he added.
The official said the recent ban was a grossly disproportionate penalty that ignored the strides ZTE had made towards complying with USA laws.
After President's Trump's tweet today, U.S. House of Representatives member Adam Schiff, the ranking member of the US House Intelligence Committee, wrote his own Twitter post that pointed out these concerns, claiming that Trump should "care more about our national security than Chinese jobs".More news: Awesome timelapse footage shows Hawaii lava flow devouring auto