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December 12, 2018 11:30 pm

President Trump To Use Huawei CFO As a Bargaining Chip

hackingbear shares a report from Politico, adding: "This fuels the suspicion that the Chinese executive is held as a hostage for the ongoing trade negotiation with China." From the report: President Donald Trump said on Tuesday that he reserved the right to weigh in on the Justice Department's case against the CFO of Huawei, if it would help him close a trade deal with Beijing or would serve other American national security interests. "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 told Reuters. Trump added that President Xi Jinping of China had not called him about the case, but that the White House had been in touch with both the Justice Department and Chinese officials. Huawei's CFO, Meng Wanzhou, was arrested in Canada earlier this month at the request of American authorities, who allege that she violated U.S. sanctions against Iran. Yesterday, a Vancouver judge ruled that Meng would be released on a $7.5 million bail if she remains in British Columbia.

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