Economics
U.S. Lawmakers Push to Widen Iran Sanctions Probe Beyond China's ZTE
- ZTE has agreed to pay as much as $1.2b for Iran violations
- Lawmakers cite media reports showing ‘F7’ parallels to Huawei
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A group of Republican lawmakers is pushing the Trump administration to investigate and unmask a company that may have violated Iran sanctions laws in the same way as Chinese mobile-phone maker ZTE Corp.
ZTE agreed last month to pay as much as $1.2 billion after pleading guilty to shipping U.S.-origin products to Iran in violation of U.S. laws restricting the sale of American technology to the country. In a letter Tuesday, Republican Congressman Robert Pittenger of North Carolina, Alabama’s Mike Rogers and eight other lawmakers, called on Commerce Secretary Wilbur Ross to probe the actions of an unidentified company that ZTE has said also evaded U.S. export controls.