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POLITICS

Senate passes defense bill, battle looms with Trump over China's ZTE

June 19, 2018

Safi Bello

Reuters --------- The U.S. Senate passed a $716 billion defense policy bill on Monday, backing President Donald Trump’s call for a bigger, stronger military but setting up a potential battle with the White House over Chinese telecommunications firm ZTE Corp (000063.SZ). The Republican-controlled Senate voted 85-10 for the annual National Defense Authorization Act, or NDAA, which authorizes U.S. military spending but is generally used as a vehicle for a broad range of policy matters. To learn more click on the picture below to read the article.