Best in class:Save 49% on 15 months of ExpressVPN
  • Marvel
  • Harry Potter
  • Star Wars
  • Game of Thrones
  • Fortnite
  • Spider-Man
  • Gift Guides
  • Reviews

ZTE can buy from American suppliers again

Justin Herrick
25 May 2018

ZTE and the U.S. Department of Commerce have reached an agreement that’ll keep the Chinese telecommunications giant in business.

As the U.S. government continues sorting out its trade dispute with China, ZTE will soon resume purchasing materials from American suppliers. The company was issued a seven-year ban after it ignored sanctions set in place last year, but the Trump administration quickly announced it would work toward a solution.

Based on what U.S. lawmakers have been told, ZTE won’t easily have the ban lifted and walk free. ZTE has been informed it’ll need to pay a fine and fire its management team. Following the completion of both activities, the company can continue operating as usual.

ZTE will also need to hire American compliance officers to be based within the company.

The catalyst for the ban was that, after pleading guilty in federal caught for illegally shipping products to Iran and North Korea, the company didn’t follow sanctions set in place.

ZTE was asked to pay more than $1 billion and reorganize its leadership. Since the company failed to do the latter, ZTE was blocked from engaging with American suppliers.

Donald Trump recently announced he’d been working with President Xi Jinping of China on a deal, and earlier in the week it appeared like the two sides were nearing a deal bringing ZTE back to normalcy. The U.S. and China, though, are still working on their larger trade dispute.

Some reports suggest ZTE was at risk of losing more than $3 billion from the ban.

In return, the Trump administration would like to see China relax its avoidance of U.S.-made products. The U.S., according to the New York Times, might make the deal official before the holiday weekend. Meanwhile, a number of lawmakers in Congress are concerned over national security.

Yes they have a deal in mind. It is a great deal... for #ZTE & China. #China crushes U.S. companies with no mercy & they use these telecomm companies to spy & steal from us. Many hoped this time would be different. Now congress will need to act. https://t.co/ETMUCe9ia6

— Marco Rubio (@marcorubio) May 25, 2018

Marco Rubio (R-FL) called out Trump and his cabinet for overlooking national security to further trade negotiations. Companies like ZTE and Huawei have long faced accusations of espionage. Both sides of the aisle largely agree that Chinese companies may be spying on Americans and handing their data off to the Chinese government.

With the Trump administration seemingly content, Rubio believes fellow members of the Senate and the House need to act together.

ZTE should be ready for business shortly. The U.S. government isn’t asking the company to do anything outrageous, and a previous report revealed ZTE would be ready to go again within hours of the ban being lifted.

Disguise your little one with the help of a themed costume
Little costumes

Disguise your little one with the help of a themed costume

From avocado halves to hoppy bunnies, costumes speak to every child's unique spirit. And we've collected our favorite options.

Add magic to your living space with these string lights
Twinkle Twinkle

Add magic to your living space with these string lights

String lights add personality and soft light to your living space. Here are some of the best.

The Galaxy S20 Ultra's Space Zoom camera is amazing and a bit creepy
Take me to space

The Galaxy S20 Ultra's Space Zoom camera is amazing and a bit creepy

The Galaxy S20 Ultra supports up to 100X zoom, which Samsung calls Space Zoom, but is it any good? Can a phone really product usable photos at 100x zoom? We've got our Galaxy S20 Ultra already so join us to find out!

Choose the best envelope to suit your needs
Stationery

Choose the best envelope to suit your needs

Before you settle on an envelope, it is good to understand a few things. What are you sending? Who are you sending it to? Do you want to grab their attention? Will it be safe? With all that in mind, choosing the right envelope will be a walk in the park. From our rounded-up list of the best envelopes available today, you will certainly find an envelope to match your needs.

  • Business
  • ZTE
  • Gift Guides
  • Reviews
  • Top Deals

Other Categories

  • Cell Phone Plans
  • Licensing and Reprints
  • Accessibility Statement
Log in or Sign up
  • Facebook
  • Instagram
  • RSS
  • Twitter
  • YouTube

Brightness

  • © Future US, Inc.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • Careers
  • Licensing
  • External Links Disclosure
  • Accessibility Statement
  • © Future US, Inc.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • Careers
  • Licensing
  • External Links Disclosure
  • Accessibility Statement