Senate votes to reinstate ZTE ban in the US
The Trump administration's decision to work with Chinese President Xi Jinping to bring ZTE back to business didn't sit well with lawmakers from both sides. A group of Senators from the Republican and Democratic parties recently amended the National Defense Authorization Act to include language that reinstates the sanctions against ZTE. Now, the Senate has overwhelmingly voted in favor (85-10) of restoring those sanctions, going against the president's wishes to save the Chinese tech giant. It will undo the agreement between the US and China to remove those trade sanctions if ZTE pays a $1 billion penalty and adds a US-picked compliance department. ZTE's plight began in April when the US Department of Commerce imposed a seven-year ban on American companies doing business with the Chinese phonemaker after it exported telecoms equipment to Iran and Nort...