U.S. companies banned from selling components to ZTE
This totally plays into the hands of the Chinese. The USA will be more and more seen as an unreliably business partner where single individuals have too much influence over international commerce and globally significant arrangements. So China will be 'open for business' and other countries will see this as a good reason to shop for alternatives, and in the meantime internal politics in China will silence the voices advocating moderation and de-escalation.