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Huawei Executive's Arrest Could Impact US-China Relations

Credit: Newsy Studio
Published 2 weeks ago - Duration: 01:04s
Meng Wanzhou was arrested in Canada over the weekend, on behalf of the U.S.
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Huawei Executive's Arrest Could Impact US-China Relations

Huawei's chief financial officer is facing extradition to the U.S. after she was arrested in Canada over the weekend.

According to the Chinese tech giant , Meng Wanzhou faces "unspecified charges in the Eastern District of New York."  Multiple reports suggest  those charges stem from Meng allegedly violating U.S. sanctions against Iran.  Meng's arrest comes at a critical time for U.S.-China relations.  After  implementing tariffs  on hundreds of billions of dollars of each other's goods earlier this year, President Donald Trump and Chinese President Xi Jinping only just agreed to a  short-term trade truce  less than a week ago.  A former CIA China analyst  told Bloomberg  Meng's arrest "will definitely complicate the negotiations" — although China has since announced it will  "immediately implement"  measures it's already agreed to under that trade truce.

As of early Thursday morning, the U.S. Justice Department has yet to comment on Meng's arrest, while China's  demanded she be released .

Beyond being CFO, Meng also is the deputy chairwoman of Huawei's board and the daughter of its founder.

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