US may soon claim up to US$1.7 billion penalty from China’s ZTE: Sources

June 02, 2018 10:47 AM

WASHINGTON (REUTERS) – The Trump administration may soon claim as much as US$1.7 billion (S$2.28 billion) penalty from ZTE Corp, as it looks to punish and tighten control over the Chinese telecommunications company before allowing it back into business, according to people familiar with the matter.

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