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Chuck Schumer

GOP senators cave to Trump, drop attempt to punish telecom giant ZTE

GOP senators cave to Trump, drop attempt to punish telecom giant ZTE

Senate Republicans have dropped their attempt to reimpose U.S. sanctions on the Chinese telecommunications giant ZTE, lawmakers said Friday, a victory for President Donald Trump as congressional Republicans abandoned a rare effort to thwart his agenda.

The retreat means ZTE, a company found guilty of selling U.S. goods to Iran in violation of sanctions, will duck Commerce Department penalties that bar U.S. companies from doing business with it.

U.S. and Chinese officials had said those penalties would effectively put ZTE out of business.

Trump had ordered his own Commerce Department to lift the penalties as part of a broader negotiating strategy with Chinese President Xi...

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