Economics
ZTE Penalties Sought in Senate May Set Up Showdown With Trump
- White House calls ZTE deal ‘historic’ enforcement action
- Administration says working to ‘fix’ wording in final bill
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Republican senators pushing to keep stiff sanctions on China’s ZTE Corp. dug in for a potential showdown with the White House as some of their colleagues said they’d try to negotiate a way out with President Donald Trump.
Senators Tom Cotton, an Arkansas Republican, and Chris Van Hollen, a Maryland Democrat, said Thursday there was no plan in the Senate to alter their amendment to a defense authorization bill to restore restrictions on ZTE that were lifted by Trump. The annual defense policy bill may be voted on by the Senate in the coming days.