The Presidential Daily Brief

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    Justice Department Reveals Charges Against Huawei And Its CFO

    The federal department unsealed indictments against the Chinese telecoms firm Monday, including against several subsidiaries and Meng Wanzhou, its chief financial officer. The company is being accused of stealing trade secrets, obstructing justice and helping banks evade sanctions on Iran. Wanzhou is expected to be extradited from Canada, where she has been detained at U.S. request.

    How will this effect U.S.-China relations? The timing of the charges is at a sensitive diplomatic time with talks taking place between officials in Washington to resolve the trade war – the indictment could further strain relations between the two countries.

     

     

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