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.

How has ZTE been affected by the ongoing sanctions and political actions?

What are the concerns of US lawmakers regarding China's technological independence?