In the Moment

US Bans ZTE From Buying Parts From American Companies for 7 Years

After pleading guilty to charges of violating sanctions and illegally shipping US goods to Iran, ZTE agreed to pay almost $900 million in fines in 2017, with up to $300 million in possible additional damages. However, it seems those penalties weren’t enough for Uncle Sam, because today the US Department of Commerce…

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via Gizmodo https://ift.tt/2H3n5fx

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