US Lifts ZTE Export Ban (engadget.com)

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US Lifts ZTE Export Ban (engadget.com)

Posted by BeauHD on Friday July 13, 2018 @11:20AM from the chance-at-redemption dept.

The U.S. Commerce Department has lifted the export ban on Chinese telecommunications giant ZTE now that it has met all the terms required to get a full reprieve. "Officials confirmed that ZTE had put $400 million in escrow on top of other requirements, including the payment of a $1 billion fine, replacing key leadership and accepting outside monitors that will ensure it honors U.S. export controls," reports Engadget. From the report: Strictly speaking, this more of a probation -- as with the last time, the Commerce Department is suspending its ban rather than removing it entirely. The monitors will keep watch over ZTE during the entire 10-year period of the suspension, so it won't have much choice but to fly straight if it wants to avoid another ban. The earlier ban would have "only" lasted seven years. The Senate recently passed a bill that would reinstate U.S. sanctions on the company, but the White House has vowed to squash it before it becomes law.

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MACA?!! by Desler · 2018-07-13 11:48 · Score: 1

How does this make America great, again?
1. Re:MACA?!! by Anonymous Coward · 2018-07-13 11:51 · Score: 0
  
  Treason is the new Republicanism! Let's all sell out as fast as we can to foreign dictatorships for personal gain!
2. Re:MACA?!! by Anonymous Coward · 2018-07-13 12:25 · Score: 0
  
  Now Iran and North Korea can get their hands on US kit through ZTE again!
3. Re:MACA?!! by kiviQr · 2018-07-13 13:08 · Score: 1
  
  who said it was about making America great for everyone?
4. Re:MACA?!! by drinkypoo · 2018-07-13 13:10 · Score: 1
  
  It helps China's economy not collapse. Their growth is slowing significantly now, which means unrest ahead. This delays the inevitable slightly.
  
  --
  "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
5. Re:MACA?!! by 93+Escort+Wagon · 2018-07-13 13:16 · Score: 4, Informative
  
  Well, the Chinese gave a half billion to Trump World a very short while before Trump went to bat for ZTE - so this certainly helps the only American who matters.
  
  --
  #DeleteChrome
6. Re:MACA?!! by Anonymous Coward · 2018-07-13 13:24 · Score: 1
  
  MAGA never meant Make America Great Again, that was just the joke.
  What is actually means is Make America GILDED Again. Trump and the Republicans are attempting to take America back to the gilded age, where they thought it was greatest.
7. Re:MACA?!! by Desler · 2018-07-13 13:56 · Score: 1
  
  China's economy was gonna collapse because of ZTE? You're joking, rught?
8. Re:MACA?!! by Anonymous Coward · 2018-07-13 17:01 · Score: 0
  
  If you're not first, you're last. (TM) https://www.youtube.com/watch?...
9. Re:MACA?!! by meglon · 2018-07-13 21:09 · Score: 2
  
  MCGA
  
  --
  Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
10. Re:MACA?!! by Anonymous Coward · 2018-07-14 03:10 · Score: 0
  
  It probably doesn't. Continuing the ban likely also doesn't.
11. Re: MACA?!! by Anonymous Coward · 2018-07-14 07:56 · Score: 0
  
  Trump is now hoping Hudson Bay Company will commit treason so he can get Ivanka's clothing line back.
12. Re:MACA?!! by Anonymous Coward · 2018-07-14 09:42 · Score: 0
  
  who said it was about making America great for everyone?
  About the only way left to make america great again is to either end the two party system, by straightening out voting and such so it doesn't favour it, or pretty much end the republican party as you know it.
  At minimum they are by and large complicit with all of this mess and the whole hypocrisy of anything is fine if a republican does it. The ZTE thing is just the latest example. Republicans could stop this kind of pay for favours crap, but they smile and nod and say nothing we can do...
So Trump was right? by Anonymous Coward · 2018-07-13 11:54 · Score: 0

So it seems all the complaining about Trump was pure hypocrisy.
1. Re: So Trump was right? by Anonymous Coward · 2018-07-13 12:05 · Score: 0
  
  Trump took a bribe to lift the sanctions and was just waiting for the check to clear.
2. Re:So Trump was right? by Desler · 2018-07-13 12:24 · Score: 1
  
  Maybe in the bizarro world.
3. Re:So Trump was right? by Anonymous Coward · 2018-07-13 12:57 · Score: 1
  
  So it seems all the complaining about Trump was pure hypocrisy.
  1. ZTE breaks rules.
  2. ZTE is punished with a list of things to do (basically the current list).
  3. ZTE ignores the punishment (especially the part about not firing/punishing executive heads).
  4. ZTE gets banned.
  5. ZTE pinky promises to actually follow the punishment this time.
  6. ZTE gets unbanned.
  If this were under the GWB Whitehouse, ZTE would already have had evidence planted of trying to acquire yellowcake uranium and we'd be invading ZTE.
4. Re:So Trump was right? by tlhIngan · 2018-07-13 22:05 · Score: 1
  
  So it seems all the complaining about Trump was pure hypocrisy.
  1. ZTE breaks rules.
  2. ZTE is punished with a list of things to do (basically the current list).
  3. ZTE ignores the punishment (especially the part about not firing/punishing executive heads).
  4. ZTE gets banned.
  5. ZTE pinky promises to actually follow the punishment this time.
  6. ZTE gets unbanned.
  If this were under the GWB Whitehouse, ZTE would already have had evidence planted of trying to acquire yellowcake uranium and we'd be invading ZTE.
  You missed :
  4.5) China contributes half a billion dollars to Trump World and allows Ivanka Trump to get a trademark
  Yes, that happened... if you want to get on Trump's good side, you just need to make sure he's well taken care of.
  And it's very hard for a foreigner to get a trademark in China, so Ivanka being granted one is a Very Big Deal(tm).
That's fine by Kargan · 2018-07-13 12:49 · Score: 1

I will never purchase or use one of their products. Ever.

--
Palaces, barricades, threats, meet promises
1. Re:That's fine by Anonymous Coward · 2018-07-13 13:55 · Score: 0
  
  But will Iran and N Korea?
Trump's infamous tweet by Anonymous Coward · 2018-07-13 15:08 · Score: 0

"Donald J. Trump
Verified account @realDonaldTrump
President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done!"
8:01 AM - 13 May 2018
----------------
To be clear, ZTE were/are sanctioned under law because they ignored the sanctions against Iran and North Korea and continued to supply tech to them as normal.
In related news, Marylands voter registration website is owned by a Russian Oligarch. So now they can officially EULA all the voter data via an online privacy policy. Instead of hacking for it.
Good by jargonburn · 2018-07-13 15:12 · Score: 1, Informative

While I am concerned about ZTE having blatantly disregarded U.S. rules about using U.S. stuff, this seems like a somewhat reasonable resolution.
That said, I also like my Axon 7 and would hate to see them stop making phones entirely.
1. Re:Good by William+Baric · 2018-07-13 17:24 · Score: 1
  
  Why should a foreign company be subjected to US imperialistic laws?
2. Re:Good by Anonymous Coward · 2018-07-13 23:53 · Score: 0
  
  They're not. They just have to obey those laws if they want to do business in the USA.
  Obviously ZTE thinks that doing business in the USA is worth the penalties the Commerce Department levied, but maybe this isn't so. Maybe their nationalistic pride is really worth having their company collapse because their production sits idle due to a lack of market! Damn imperialists, making laws that benefit themselves rather than considering the good of everyone else!
Re:Russian Influence by TheMiddleRoad · 2018-07-13 16:10 · Score: 1

I know, right?
We have to... by GerryGilmore · 2018-07-13 16:47 · Score: 1

...MCGA! Hey, his supporters will find SOME justification for it.
Imperialistic USA by William+Baric · 2018-07-13 17:23 · Score: 1

This should be a lesson for every company in the world : never depend on American technology. The first thing the new leadership of ZTE should do is now replace as fast as possible Qualcomm chips and Android in their devices.
Great news! by Anonymous Coward · 2018-07-13 19:02 · Score: 0

Can't wait to buy an Axon 9! Been waiting for too long.
smo seo sevices by Anonymous Coward · 2018-07-13 20:31 · Score: 0

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In other news... by Anonymous Coward · 2018-07-13 21:01 · Score: 0

...US government has realized that they actually can't find alternate sources for electronic devices since everything has been sold or "outsourced" to China during 1990 - 2010. "We are so fucked" someone heard President Trump shout in the Oval Office.
We expected that all taxes will be lifted from Chinese merchandise during the next few months.
Squash schmosh by Hognoxious · 2018-07-13 21:11 · Score: 1

I thought the correct term was to quash a law?
Squash is what you do to bugs & tomatoes.

--
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Make China Greatly Richer by Anonymous Coward · 2018-07-14 08:41 · Score: 0

Dear USAians,
Your President is a stoife and we think youre shit.
Love, The Free World