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‘Shocking’ Huawei Arrest Threatens to Upend Trump-Xi Trade Truce

  • U.S. seeking extradition of daughter of Huawei’s founder
  • Move stokes fears U.S. seeking to deny China key technology
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The arrest of Huawei’s CFO has provoked a storm in China. Bloomberg’s Jodi Schneider reports.(Source: Bloomberg)
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On the same day Donald Trump and Xi Jinping struck a trade war truce in Argentina, some 7,000 miles away Canadian authorities made an arrest that now threatens to make the U.S.-China conflict much worse.

The U.S. is seeking the extradition of Wanzhou Meng, chief financial officer of Huawei Technologies Co., after convincing Canada to arrest her on Dec. 1. Canada confirmed she was in custody shortly after the Globe and Mail reported she had been arrested in connection with violating sanctions against Iran.