The Trump administration has insisted the arrest of a top Huawei executive has nothing to do with trade talks. In Beijing, it’s just the latest US move to contain China’s rise as a global power.
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The arrest last week in Canada of Meng Wanzhou, the chief financial officer of Huawei Technologies, China’s iconic company, is a watershed event.
Huawei chief financial officer Wanzhou Meng faces extradition to the US over potential violations of American sanctions on Iran. Here are the latest developments.
China’s state media called the arrest of Huawei’s chief financial officer in Canada a “despicable rogue’s approach”, painting the move as a politically motivated effort to contain China’s rise.
On the same day Donald Trump and Xi Jinping struck a trade war truce in Argentina, some 11 000km away Canadian authorities made an arrest that now threatens to make the US-China conflict much worse.
Huawei Technologies’ chief financial officer was arrested in Canada over potential violations of US sanctions on Iran, provoking outrage from China.
Apple is poised for another setback after US President Donald Trump suggested that 10% tariffs could be placed on mobile phones, like the iPhone, and laptops made in China.
The US government is reportedly contacting key allies to get them to persuade telecommunications companies in their countries to avoid using equipment from China’s Huawei Technologies.
That obsolete smartphone stashed away in a drawer or closet may not look like a national security risk, but the Trump administration is contemplating treating it as one.
On the same day the world’s largest company issues its biggest disappointment in years, US President Donald Trump, does an about-face on China.