Lawmakers Fight Trump's ZTE Deal

The Senate passed a bill to reinstate the ban on ZTE, complicating Trump's earlier agreement to ease sanctions. The bill must pass through the House and be signed by Trump to become law. Bipartisan support exists, marking a significant stand against Trump on trade. Senators Warner and Rubio expressed strong opposition to ZTE's operations. ZTE faces severe financial challenges, relying on US chip makers. This situation pushes China towards technological independence, aligning with its 'Made in China 2025' goal, which concerns US lawmakers fearing IP theft.

What is the main complication arising from the Senate's bill regarding ZTE?

• It simplifies the process for ZTE to resume operations.

• It complicates a previous agreement made by Trump to ease sanctions.

• It immediately reinstates the ban on ZTE.

• It allows ZTE to operate without any restrictions.

What is the significance of the bipartisan support for the bill against ZTE?

• It demonstrates a division within the Senate.

• It suggests that ZTE will be allowed to operate freely.

• It indicates a lack of concern for national security.

• It shows a unified stance against Trump's trade policies.

How has the uncertainty affected ZTE's business operations?

• ZTE has gained new investors and increased profits.

• ZTE has become independent of US technology.

• ZTE has experienced significant financial losses and halted operations.

• ZTE has expanded its operations globally.

What is the broader implication of the ZTE situation for China's technological ambitions?

• It pushes China to achieve technological independence.

• It encourages China to rely more on US technology.

• It has no impact on China's technological strategies.

• It discourages China from pursuing the Made in China 2025 goal.

What is the main concern of US lawmakers regarding China's technological advancements?

• They support China's Made in China 2025 initiative.

• They fear China will steal intellectual property from the US.

• They believe China should rely on US technology.

• They want China to become technologically independent.