Somebody out there apparently does not want President Trump to make a trade deal with China. Just after U.S. and Chinese officials agreed to suspend the implementation of new tariffs for 90 days, one of China’s most important tech executives was literally kidnapped as she was changing planes in Canada. Huawei CFO Meng Wanzhou was simply on her way to Mexico, but at the urging of U.S. authorities the Canadians grabbed her and are refusing to let her go. Reportedly, the plan is to extradite her to the United States where she will apparently face charges relating to Huawei’s evasion of U.S. sanctions against Iran.
When Trump was negotiating face to face with the Chinese, he was not aware that this was taking place. So now all of Trump’s hard work is out the window, and our relations with the Chinese are probably the worst that they have been since the Korean War.
If U.S. authorities wanted to punish Huawei, they should have just slapped a big fine on them and have been done with it. The Chinese would have been annoyed, but not that much damage would have been done.
But kidnapping a high profile member of Chinese tech royalty and throwing her in prison is something that the Chinese will not forgive. …
Just imagine how Americans would feel if China kidnapped a high profile member of our tech royalty and multiply that outrage by about 10.
Until Meng Wanzhou is let go, there is not going to be any deal with China. Many Americans are not familiar with Huawei, but they are essentially China’s version of Apple or Microsoft.