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Although the US sanctions against ZTE have since be revoked, the impacts have been felt by all engaged in business with ZTE – particularly where ZTE is a licensee of IP. For the telecommunications industry, which is global, licensing of US assets to ZTE either stopped or became fragmented to US Patents and Rest of the World. The disruption to business has been felt by US industry and any holder of US patents. Since a trade war is currently ongoing and such measures might be used again, this scenario should be analysed.