Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Wed, Mar 20, 2019 | Last Updated 8:33 pm IST

Menu &Sections

Search

How trade war unleashed by Donald Trump?

How trade war unleashed by Donald Trump?
How trade war unleashed by Donald Trump?
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Washington sources reported US is seeking the extradition of Wanzhou Meng, chief financial officer of Huawei Technologies Co, after convincing Canada to arrest her on December 1, likely in connection with violating sanctions against Iran. Meanwhile China immediately reacted with outrage, demanding that both countries move to free Meng. Reportedly the foreign ministry said it was still waiting for details on why she was arrested, and said trade talks should continue.



Meanwhile it is hard to overstate the significance of her arrest in Beijing: Meng is the daughter of the founder of Huawei, a national champion at the forefront of Xi's efforts for China to be self-sufficient in strategic technologies. Furthermore the US routinely asks allies to extradite drug lords, arms dealers and other criminals, arresting a major Chinese executive like this is rare if not unprecedented.


How trade war unleashed by Donald Trump?

Andrew Gilholm, director of North Asia analysis at Control Risks Group, said by phone "The timing and manner of this is shocking and it is not often the phrase OMG appears in our internal email discussions." latest US action against Huawei may be even more significant. Moreover the company has made advances in developing its own microchips; it still relies on American equipment to make its networking gear and smart phones. Reportedly ZTE Corp, another Chinese technology company, nearly collapsed due to US penalties for violating Iran sanctions before Trump rescued it following a request from Xi.


How trade war unleashed by Donald Trump?
5/ 5 - (1 votes)
Add To Favourite
More from author
Why former Indian Cricketer Azharuddin denied MP ticket?
YS Jagan Mohan Reddy lashed out at Chandrababu Naidu for delay in Polavaram Project
Bhimavaram & Gajuwaka best bets for Pawan Kalyan by partys General Body
RTO attacked by actor's friend!
Goa gets a new head!
PM Modi likely to interact with Public about 'Main Bhi Chowkidar' by March 31
Will Goa CM Pramod Sawant win Floor test by Wednesday?
Key accused in Pollachi sexual abuse Case sent to judicial remand
Flash floods & Mud slides increased death toll in Indonesia
Telangana Govt signed MoU with Ola Cabs for Commuters safety
Will DMK fulfill its promises as per its Manifesto for Elections 2019?
RK Roja accused Chandrababu Naidu for acting as Mastermind in YS Vivekananda Reddy's death
History Maker: Iniyavan - Inventor of 2000 types of Idlis
Sumalatha will contest as an independent from Mandya
Goa's new CM be BJP's Pramod Sawant
Kamal Hassan announces candidates list by March 20
KCR in mindset to start National Party after Polls
Jagan demands CBI probe!
BJP active on Chowkidar campaign!
Datachor and Vennupottu CBN trending!
Two Indians among dead in NZ!
MK Stalin commences campaigning from Thiruvarur constituency by March 20
Why industrialist quit from Kamal Hassan's MNM Party?
Manohar Parrikar was an unparalleled leader: Narendra Modi
Is there a clash between DMK & AIADMK in 8 Lok Sabha seats sharing?
Will Trump make arrangements for reopening General Motors?
Chennai School restricts parents not to order food through Swiggy & Uber Eats
Did YS Vivekananda Reddy's family members or friends kill him?
Anil Agarwal History Maker- Founder of Sterlite Industries & Vedanta Resources
Employee earns 20 years salary in a day!
CBI retrieving deleted scandal videos!
Ravi Shastri on issues between Kohli and Dhoni!
Pawan's Lalitha jewelry reference!
106 years old Saalumarada Thimmakka blessed President receiving Padma Shri Awards
Final candidates list of Lok Sabha Polls for TRS Party
Trading Community planning a protest shut down in Pollachi sexual abuse Case
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.