Foreign Investment Reviews Expanded in Bill Passed by U.S. House
- Trump’s controversial plan to revive China’s ZTE left intact
- Senate likely to pass the legislation, negotiated with House
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The House voted to expand U.S. reviews of foreign investment in sensitive U.S. industries and keep in place President Donald Trump’s controversial deal to revive Chinese telecommunications firm ZTE Corp.
The measures passed 359-54 Thursday as part of a $717 billion defense policy bill. Next week the Senate is likely to pass the legislation, whose details were negotiated among lawmakers in the two chambers.