Beijing has demanded that Washington end its “unreasonable crackdown” on the Chinese tech giant after the U.S. Justice Department unsealed criminal indictments yesterday against Huawei and its CFO, Meng Wanzhou, who was arrested last month in Canada. The company, which denies wrongdoing, is accused of stealing trade secrets and helping banks evade U.S. sanctions on Iran. Meng is expected to be extradited.
What does that mean for the U.S.-China trade war? The charges will likely make Wednesday’s trade talks in Washington awkward — with experts from both countries suggesting it’ll be difficult to separate business from politics.
Read OZY’s feature about unmanned ships and the future of maritime trade.