Commerce Secretary Wilbur Ross says that a "definitive" deal has been reached with ZTE (VIDEO)

U.S. Commerce Secretary Wilbur Ross told CNBC this morning that the U.S. has indeed made a "definitive deal" with Chinese phone and network equipment manufacturer ZTE that will remove the ban preventing the company from sourcing parts from the states. Ross' comments are the latest in this long running soap opera that involves the fourth largest smartphone vendor in the U.S. Just the other day, a preliminary agreement that would allow the Commerce Department to lift the crippling export ban against ZTE was rumored to be reached by the U.S. and China, but was later disavowed by a Commerce ...