US UNVEILS CRIMINAL CHARGES AGAINST CHINA'S HUAWEI FOR VIOLATING IRAN SANCTIONS | WHAT REALLY HAPPENED


US UNVEILS CRIMINAL CHARGES AGAINST CHINA'S HUAWEI FOR VIOLATING IRAN SANCTIONS

The United States announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker just days before trade talks take place between Washington and Beijing.

The Justice Department charged Huawei and its chief financial officer Meng Wanzhou on Monday with conspiring to violate US sanctions on Iran by doing business with Tehran through a subsidiary it tried to hide, which Reuters first reported on in 2012.

Huawei is the world’s largest manufacturer of cellular-tower electronics and the third-biggest smartphone producer.

In a separate case, the Justice department said Huawei stole robotic technology from carrier T-Mobile US Inc. Huawei has said that the two companies settled their disputes in 2017.

Meng, who is the daughter of Huawei’s founder, was arrested in Canada in December and is fighting extradition to the United States. The charges against Meng, which include bank and wire fraud, were sealed on Monday.

Her arrest enraged China, which responded by arresting two Canadians on national security grounds.

Boom. Huawei Device USA Inc. and Huawei’s Iranian Subsidiary Skycom Also Named Defendants | Other Charges Include Money Laundering, Conspiracy to Defraud the United States, Obstruction of Justice and Sanctions Violations https://t.co/3AKLUxAvm3

— Eric Garland (@ericgarland) January 28, 2019
Beijing and Washington are engaging in high-level talks this week as part of negotiations intended to walk back trade tensions between the globe’s two largest economies.

Webmaster's Commentary: 

What concerns me deeply, is how quickly trade wars can escalate into shooting wars.

A shooting war against China would be a very terrible thing for the US government to do to be right now.

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