Deal or no deal, the U.S. Senate has voted in favor of restoring a ban against Chinese manufacturer ZTE. As we have previously reported, President Trump recently struck a deal with China and ZTE to lift the ban on the company receiving U.S. exports. The agreement required ZTE to fire some people, establish a compliance department ran by American-picked employees and pay $1 billion dollar fine. Initially, the Commerce Department placed almost a decade long ban on the company, for supposedly doing business with both Iran and North Korea. Chinese President Xi Jinping plead with the U.S. to save ...
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