Huawei Technologies Co and ZTE Corp "cannot be trusted," US Attorney General William Barr said, labelling the Chinese firms a security threat as he backed a proposal to bar U.

Huawei, ZTE 'cannot be trusted' and pose security threat - US attorney general

Under the deal, ZTE will change its board and management within 30 days, pay a $1 billion fine, put $400 million in escrow and retain a new US-selected compliance team, Ross told CNBC.

US reaches deal with China's phone maker ZTE: Commerce Secretary

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Huawei, ZTE 'cannot be trusted' and pose security threat - US attorney general

US reaches deal with China's phone maker ZTE: Commerce Secretary