Thursday, February 7, 2019

U.S. lawmakers target China's ZTE with sanctions bill

Feb 5, 2019

WASHINGTON (Reuters) - A bipartisan group of senators introduced a bill on Tuesday that would reimpose sanctions on ZTE Corp if the Chinese telecommunications firm fails to live up to U.S. laws and an agreement with the Trump administration. 

U.S. President Donald Trump angered many members of Congress, including some of his fellow Republicans, in July 2018 when he decided to lift a ban on U.S. companies selling to ZTE, allowing the Chinese company to resume business. 

ZTE broke a previous agreement and was caught illegally shipping U.S.-origin goods to Iran and North Korea, Commerce Department officials said. ZTE pleaded guilty last year over the sanctions violations.

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Thank You Reuters

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