The Trader 

Market Outlook: Huawei CFO arrested in Canada

The Trader

Ms Meng Wanzhou, who is also the daughter of the company’s founder, is wanted for suspected sanctions breaches linked to Iran. China’s embassy in Canada has demanded her release. The world’s second biggest smartphone maker, Huawei Technologies is seen to have close links to the Chinese Communist Party. The suggestion today is that President Trump’s 90-day moratorium on tariff increases simply will not work.

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