Senators from both sides of the aisle in Washington will present a bill on Tuesday that could enable strict sanctions against ZTE Corp. to be reimposed, Axios wrote without specifying sources. The bipartisan push comes after a deal made by the administration of United States President Donald Trump with the technology company from Shenzhen, China.
The government agreed in July to accept a fine from the telecommunication equipment manufacturer for the breach of sanctions against Iran and North Korea. After admitting it shipped gear which includes US components, it also underwent a major management overhaul as part of the settlement. The original seven-year ban has crippled ZTE, effectively blocking the smartphone maker's ability to operate.
The new legislative initiative aims to mandatorily reinstate the punitive measures in case any of the provisions of the agreement is violated, the article adds and reveals Republican Senator Marco Rubio acknowledged the bill was drafted. He is said to be in the group with Democrats Chris Van Hollen and Mark Warner and Grand Old Party's lawmakers Susan Collins and James Lankford.
