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The showdown over a possible U.S.–China deal to save ZTE

Mnuchin from the side
Treasury Secretary Steve Mnuchin in Beijing. Photo: Greg Baker/AFP via Getty Images

The U.S. and China are closing in on a deal to save Chinese phone maker ZTE, which was forced to halt operations after a U.S. sanctions onslaught, according to a Wall Street Journal report.

Yes, but: A bipartisan group of senators from the Senate Banking Committee today voted overwhelmingly for an amendment that would require the Trump administration to certify that ZTE had abided by U.S. demands before sanctions could be eased, per The Hill. That idea would still have a long road through Congress, but today's vote shows its popularity on both sides of the aisle.