On Friday the U.S. Department of Commerce lifted its ban preventing China’s ZTE from receiving goods from U.S. companies

The U.S. Commerce Department lifted a ban on Chinese smartphone maker ZTE on Friday after it paid a $1.4 billion penalty levied by the U.S. government.

A photograph circulating among employees around midnight showed ZTE's new chief executive and 10 other managers each giving a thumbs-up to the news, which was flashed on a screen at the company, according to a person familiar with the matter.


The punishment came after the company made false statements about disciplining 35 employees involved with illegally shipping USA -origin goods to Iran and North Korea, Commerce officials said.

Ross said the deal will protect US national security, despite claims by lawmakers in Congress that ZTE and other large Chinese corporations can not be trusted with sensitive USA technology. He recently wrote to the administration urgingPresident Trump to re-consider a deal with the China-based company. BIS imposed this seven-year ban and other penalties against ZTE in April 2018 in response to its numerous violations of USA export controls and sanctions laws. ZTE also replaced its board of directors and senior management, as required by the June settlement. President Donald Trump has said he's prepared to put tariffs on as much as $450 billion worth of Chinese exports.


A group of Republican and Democratic U.S. senators on Thursday sent a letter seeking to reinstate penalties on ZTE Corp. The new agreement once again imposes a denial order that is suspended, this time for 10 years, which BIS can activate in the event of additional violations during the ten-year probationary period. Earlier this year, intelligence leaders testified before the Senate Intelligence Committee warning that ZTE, Huawei, and other Chinese state-directed telecommunications companies have the capacity for espionage and intellectual property theft, posing clear threats to the national security, people, and economy of the United States.

The U.S. Senate included a provision to reverse the deal in a massive defense policy bill passed last month. He said ZTE buys parts from USA companies and that the deal was "also reflective of the larger trade deal we are negotiating with China and my personal relationship with President Xi". It also broke news of the ban in April.


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