Senate adopts measure blocking Trump ZTE deal

Senate adopts measure blocking Trump ZTE deal

Apparently, this amendment to the National Defense Authorization Act would put the export ban back in place with ZTE, restricting the company from using products originating in the United States.

In its statement late Tuesday, ZTE said it will "assess the full impact" of the ban and the new deal with the U.S. government and disclose it in an update earnings release.

The ban, which has prevented ZTE from buying the US components it relies on to make smartphones and other devices, will not be lifted until ZTE pays a fine and places $400 million more in an escrow account in a USA -approved bank.

The White House didn't respond Monday evening to a request for comment on the Senate's pushback.

ZTE must replace the boards of directors of two corporate entities within 30 days, according to a 21-page order signed June 8 and published on Monday on the Commerce Department website along with the settlement agreement.

Days after the Trump administration agreed to restore Chinese telecom firm ZTE's access to its USA parts suppliers, a bipartisan group moved to block the deal. The deal would cost a total of $1.7 billion ($361 million was already paid as part of a settlement in March). "Therefore, ZTE will most likely be able to resume operations in middle of next week".

People Are Saying There Was Collusion In Justify's Triple Crown Win
Gronkowski , named for and partly owned by New England Patriots tight end Rob Gronkowski , returned $13.80 and $7. He captured the first in 2:28.18. "There's been tremendous buzz", spokesman Darren Rogers said. "He's so gifted.

In April, the US Commerce Department found ZTE had violated trade bans with North Korea and Iran. After 10 years, if there are no violations, the $400 million will be returned to ZTE.

In a meeting for senior management on Tuesday, ZTE chairman Yin Yimin said that the company needs its 80,000 employees to have "thorough knowledge" and "thorough supervision" of each other when it comes to compliance, rather than rely on a few people from a compliance team.

Once through the Senate, the bill would move to a conference committee with the House, which passed its own version of the bill without the amendment related to ZTE.

"The compliance monitor will be on the same level as ZTE's CEO and board on compliance matters". "Given their repeated violations of USA law, we can not trust them to respect USA national security, and so it's vital we hold them accountable and pass this amendment".

A separate monitor was appointed to a three-year term by a USA federal court in Texas last year. According to the Wall Street Journal, a group of GOP Senators has added an amendment to the National Defense Authorization Act that would make it against the law for ZTE to obtain supplies from US companies. It depends on US-made components for the production of handsets. ZTE is not allowed to take any action or make any public statement, even indirectly, denying any of the allegations.

Related Articles

  • 'Avengers: Infinity War' crosses $2 billion in box office

    'Avengers: Infinity War' crosses $2 billion in box office

    Subsequent reports said that Infinity War outpaced Avengers: Age of Ultron's pre-release sales by 1000%. In China, the film's $369.7 million gross to date ranks third all-time.
    Super Eagles win ‘Best Fashion Team’ Award

    Super Eagles win ‘Best Fashion Team’ Award

    Nigeria plays against Argentina, Iceland and Croatia in Group D. John Obi Mikel was representing Nigeria's colours well ohh.
    People Are Saying There Was Collusion In Justify's Triple Crown Win

    People Are Saying There Was Collusion In Justify's Triple Crown Win

    Gronkowski , named for and partly owned by New England Patriots tight end Rob Gronkowski , returned $13.80 and $7. He captured the first in 2:28.18. "There's been tremendous buzz", spokesman Darren Rogers said. "He's so gifted.
  • Daimler ordered to recall 774000 cars

    Daimler ordered to recall 774000 cars

    Mercedes-Benz is caught up in an emissions scandal of its own. Similar campaigns were also organized by Volkswagen and BMW.
    Resident Evil 2 remake debuts at Sony’s E3 show

    Resident Evil 2 remake debuts at Sony’s E3 show

    Resident Evil 2 is the fourth best-selling game in the franchise with cumulative sales of almost five million units. Capcom has also modernized the controls, which should make it considerably easier to play than the original title.
    Bethesda Confirms Fallout 76 is an Online Survival RPG

    Bethesda Confirms Fallout 76 is an Online Survival RPG

    The post-apoclyptic game set in West Virginia features numerous landmarks and characters about which the guide has published. Players will have the option of even securing nuclear missile launch codes and sending missiles to unsuspecting encampments.
  • Pre-cut melon cause of multistate salmonella outbreak — CDC

    Pre-cut melon cause of multistate salmonella outbreak — CDC

    Each year in the US , salmonella is estimated to infect 1.2 million people, lead to 23,000 hospitalizations, and cause 450 deaths. The CDC is not recommending people avoid whole melons. "If you have recently purchased pre-cut melon from Walmart, throw it out".
    The All-Time Top Goalscorers In World Cup History

    The All-Time Top Goalscorers In World Cup History

    Organisers FIFA said the opening ceremony will have a "slightly different format" to previous years and focus on musical acts. Brazil looked shot to bits four years ago, but have recovered and are blessed with match-winners.
    Woman Accused Of Driving Children In Kennels Appears In Court

    Woman Accused Of Driving Children In Kennels Appears In Court

    The disturbing footage shows 62 year-old Leimone Cheeks opening the grate to a dog kennel that was in the trunk of her vehicle. The report also notes that the temperature "reached 95 degrees and there were no vents in the rear of the Ford Explorer".
  • Main Take-Aways About Elder Scrolls: Blades From Bethesda's E3 Conference

    Main Take-Aways About Elder Scrolls: Blades From Bethesda's E3 Conference

    The website continues: "The B.E.T.A. will be available on Xbox One , PlayStation 4, and on PC (via Bethesda.net)". The game will offer a ton of exciting features, many of which are unique to the Elder Scrolls franchise.
    Why Angelina Jolie Could Lose Custody of Her Kids to Brad Pitt

    Why Angelina Jolie Could Lose Custody of Her Kids to Brad Pitt

    To even the playing field, the judge has granted 54-year-old Pitt visitation rights over the United States summer holidays. The doctor is once again required to be present and will meet with the kids before and after each two day period.
    Tuesday forecast: Cooler but still hot and humid

    Tuesday forecast: Cooler but still hot and humid

    High temperatures will be in the lower to middle 90s, and there will be a chance for afternoon showers and storms each day. There will be a couple chances of showers and T'storms starting Friday night and going into the upcoming weekend.