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Trump Says He Would Intervene in Huawei Case to Get China Trade Deal

Posted December 12, 2018

Under Economic Issues, International Trade Issues

(Justin Sink – Bloomberg)

President Donald Trump said he would intervene in U.S. efforts to extradite Huawei Technologies Co. executive Meng Wanzhou if it helped him win a trade deal with China.

“If I think it’s good for what will be certainly the largest trade deal ever made, which is a very important thing – what’s good for national security – I would certainly intervene, if I thought it was necessary,” Trump said Tuesday in an interview with Reuters.

Meng was arrested earlier this month at the request of U.S. authorities, who allege she conspired to defraud banks to unwittingly violate U.S. sanctions by clearing transactions linked to Iran. On Tuesday, she was granted a US$7.5 million bail by a Canadian court, allowing the Huawei chief financial officer to return to her Vancouver home as extradition proceedings continue. Click here to read more.